Gerry McCaughey, JMSB alumnus and president and chief executive officer at CIBC, named one of 50 most influential leaders in the world.
Now president and chief executive officer at the CIBC group of companies, he was recently named among the 50 most influential leaders in the world by Bloomberg Markets Magazine.
McCaughey is the first Canadian ever named to Bloomberg's annual ranking. He was selected in the Bankers category. Other categories are corporate power brokers, money managers, policy makers and thinkers.
McCaughey is in good company, since the 2012 Most Influential 50 also includes Warren Buffett, CEO of Berkshire Hathaway Inc.; Mark Zuckerberg, founder of Facebook Inc.; Tim Cook, CEO of Apple Inc.; Ben Bernanke, Chairman of the U.S. Federal Reserve; Timothy Geithner, Secretary of the U.S. Treasury; Paul Ryan, Chairman of the U.S. House Finance Committee; and Zhou Xiaochuan, Governor of People's Bank of China.
Bloomberg Markets recently named CIBC the strongest bank in Canada and North America and the third strongest bank in the world — all under McCaughey’s watch.