CWBFG Annual Report 2022



I was honoured to be appointed Chair of your Board of Directors this year. The Board continues to provide strong oversight as management executes our winning strategy to deliver the best full-service bank for business owners in Canada, and we are pleased with the significant progress made this year to continue to enhance our capabilities. The Board remains optimistic for the future as our differentiated business model, focus to deliver an unrivaled experience for our business owner client, and targeted growth all position us well to achieve our full potential as we navigate through the risks from the potential economic volatility on the horizon. Our confidence reflects the strength of our teams across the organization, and I’m pleased we seamlessly executed on our planned succession at both the Board level and executive team. I believe we have the right diversity of experience,

perspectives and skill sets to effectively address the opportunities and challenges ahead. I am especially proud of how our leaders have given back to their communities. I applaud Dr. Marie Delorme for her award for Excellence in Aboriginal Relations for being a bridge builder who has contributed to making connections between Indigenous people and Canadian society through their professional and voluntary commitments. I would also like to congratulate Chris Fowler on his induction into the Junior Achievement Northern Alberta Business Hall of Fame. The Board continues to provide strong oversight of CWB’s business, including the management of evolving and emerging risks. As part of strengthening oversight of sustainability, we updated Board and subcommittee mandates to further reflect our governance responsibilities in relation to CWB’s approach to address environmental, social and governance (ESG) factors.

8 | CWB Financial Group 2022 Annual Report

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