CIBC reorg sparks departure

PEOPLE NEWS

Colleen Coman, managing director, and head of the bank’s forex sales desk in Toronto, has left the bank, the desk confirmed.

Coman, who left last week, will not be replaced, a senior official at the bank in Toronto told FX Week. Her departure brings the number of managing directors in the FX area of CIBC down from six to five.

"There will not be a designated manager of foreign exchange sales anymore," the source added.

Instead, Coman’s former responsibilities will be shared among the team, while

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