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TORONTO, July 4 /CNW/ - Scotiabank today announced that Robin Hibberd has been appointed Executive Vice-President, Domestic Personal Lending & Insurance, and President and CEO, Scotia Mortgage Corporation. Mr. Hibberd is responsible for the Domestic business units that comprise consumer lending, including mortgages, credit cards, personal loans and insurance, as well as credit risk management and integrated business solutions. He begins his new position on July 4, 2007, reporting to Chris Hodgson, Executive Vice-President and Head of Domestic Personal Banking. A 20-year Scotiabank veteran, Mr. Hibberd is currently serving as Senior Vice-President, Corporate Development. Prior to that, he was Senior Vice-President, Asia Pacific, based in Hong Kong. Mr. Hibberd's overseas service built upon six years experience in positions of increasing responsibility in Domestic Personal Banking. He replaces Jane Rowe, who is taking a one-year leave of absence and it is anticipated that she will return to a new role next year. "Robin has demonstrated tremendous leadership qualities during his career at Scotiabank - both overseas and with the Domestic Bank," Mr. Hodgson said. "I also want to wish Jane well during her leave of absence and thank her for her contribution to the Domestic Personal Banking team." Mr. Hibberd is a Chartered Accountant and has a Masters in Business Administration from the Richard Ivey School of Business, University of Western Ontario. Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 58,000 employees, Scotiabank Group and its affiliates serve approximately 12 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With $412 billion in assets (as at April 30, 2007), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.
For further information: Ann DeRabbie, Scotiabank, Public Affairs, (416) 933-1344