Latest news with #StephenForbes
Globe and Mail
27-05-2025
- Business
- Globe and Mail
CIBC receives Forrester's Customer Obsessed Enterprise Award
, /CNW/ - CIBC announced today that it has been named a 2025 Forrester Customer-Obsessed Enterprise award winner, the only retail bank in North America to receive this award. "Our clients are at the forefront of everything that we do, and we're proud to receive this recognition which speaks to the dedication and commitment of our entire CIBC team," said Stephen Forbes, Executive Vice-President, Purpose, Brand and Corporate Affairs, CIBC. "This award strongly reflects how we're living our purpose, helping make our clients' ambitions a reality, and delivering on our client-focused strategy." Forrester's Customer-Obsessed Enterprise Award recognizes organizations that place customers at the centre of their leadership, strategy and operations to deliver outstanding customer experiences, accelerate business outcomes, and enable greater employee engagement. "We've embedded customer centricity within every facet of our organization, which is delivering meaningful experiences for our clients," added Forbes. "Our team has prioritized making it even easier for our clients to do business with us by improving digital client journeys and continuing to deepen client relationships." About CIBC CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at
Yahoo
27-05-2025
- Business
- Yahoo
CIBC receives Forrester's Customer Obsessed Enterprise Award
TORONTO, May 27, 2025 /CNW/ - CIBC announced today that it has been named a 2025 Forrester Customer-Obsessed Enterprise award winner, the only retail bank in North America to receive this award. "Our clients are at the forefront of everything that we do, and we're proud to receive this recognition which speaks to the dedication and commitment of our entire CIBC team," said Stephen Forbes, Executive Vice-President, Purpose, Brand and Corporate Affairs, CIBC. "This award strongly reflects how we're living our purpose, helping make our clients' ambitions a reality, and delivering on our client-focused strategy." Forrester's Customer-Obsessed Enterprise Award recognizes organizations that place customers at the centre of their leadership, strategy and operations to deliver outstanding customer experiences, accelerate business outcomes, and enable greater employee engagement. "We've embedded customer centricity within every facet of our organization, which is delivering meaningful experiences for our clients," added Forbes. "Our team has prioritized making it even easier for our clients to do business with us by improving digital client journeys and continuing to deepen client relationships." About CIBC CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at SOURCE CIBC View original content to download multimedia:
Cision Canada
27-05-2025
- Business
- Cision Canada
CIBC receives Forrester's Customer Obsessed Enterprise Award Français
TORONTO, May 27, 2025 /CNW/ - CIBC announced today that it has been named a 2025 Forrester Customer-Obsessed Enterprise award winner, the only retail bank in North America to receive this award. "Our clients are at the forefront of everything that we do, and we're proud to receive this recognition which speaks to the dedication and commitment of our entire CIBC team," said Stephen Forbes, Executive Vice-President, Purpose, Brand and Corporate Affairs, CIBC. "This award strongly reflects how we're living our purpose, helping make our clients' ambitions a reality, and delivering on our client-focused strategy." Forrester's Customer-Obsessed Enterprise Award recognizes organizations that place customers at the centre of their leadership, strategy and operations to deliver outstanding customer experiences, accelerate business outcomes, and enable greater employee engagement. "We've embedded customer centricity within every facet of our organization, which is delivering meaningful experiences for our clients," added Forbes. "Our team has prioritized making it even easier for our clients to do business with us by improving digital client journeys and continuing to deepen client relationships." About CIBC CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at
Cision Canada
29-04-2025
- Business
- Cision Canada
CIBC donates $100,000 in response to Vancouver tragedy
TORONTO, April 29, 2025 /CNW/ - CIBC is donating $100,000 to the CIBC Foundation British Columbia Emergency Relief Fund in response to the recent tragic event in Vancouver. The funding will aid local efforts to provide support to those impacted by this tragic event and contribute to broader healing and recovery efforts within the community. "We stand united with our clients, team members and communities impacted by the devastating tragedy in Vancouver. Our thoughts are with the families and friends who lost loved ones," said Stephen Forbes, Executive Vice-President, Purpose, Brand and Corporate Affairs. "We are grateful to the local heroes and first responders who worked quickly and diligently to help those impacted. This incomprehensible event has touched the hearts of all Canadians, and we stand ready to offer our support." To support those affected by this tragedy, donations can be made through the CIBC Foundation British Columbia Emergency Relief Fund. About CIBC CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at
Arabian Business
31-03-2025
- Business
- Arabian Business
Abu Dhabi commercial real estate thrives amid new free zone rules; some office rents up 14%
Abu Dhabi's office and industrial real estate sectors are thriving with rent rates rising amid rising demand, new regulatory flexibilities, and increased development activity, according to Savills Middle East According to its latest Abu Dhabi Commercial Property Market Report report, the number of economic licences issued on the mainland rose by 16 per cent in 2024, while active licences in non-financial free zones grew by 22 per cent. These increases coincide with regulatory changes introduced by the Abu Dhabi Department of Economic Development (ADDED), which now allows companies registered in other emirates and free zones to open branches in Abu Dhabi without the need for a physical presence in the first year. Abu Dhabi commercial real estate The report notes sustained demand for Grade A office space, leading to high occupancy levels across several developments. International Tower, Daman House, and Baniyas Tower are operating at full occupancy, while occupancy within ADGM has reached 97 per cent. The number of operational entities within ADGM rose to 2,088, including 231 financial services firms, a 31 per cent increase compared to H1 2023. In terms of rental performance, Grade A office buildings in CBD and Outer CBD submarkets recorded an average year-on-year increase of 8 per cent in Q4 2024. Notable individual buildings saw higher growth: Capital Gate Tower: 14 per cent Addax Tower: 13 per cent ADGM: 12 per cent ADGM office rental rates range between AED2,600 ($708) and AED 2,900 ($7909) per sq m per annum. Stephen Forbes, Head of Abu Dhabi, Savills Middle East, said: 'Occupier demand in Abu Dhabi remains strong, especially within key sectors such as financial services, consulting and technology. 'As a result, we continue to see high occupancy rates in well-located, Grade A buildings. The introduction of regulatory changes and infrastructure expansion is contributing to sustained interest in the emirate. 'In parallel, the industrial sector has also seen impressive growth, with average rental rates rising 25 per cent year-on-year, driven by strong demand from third-party logistics, e-commerce, and retail occupiers.' Looking ahead, more than 100,000sq m of new office supply is expected to be delivered in 2025, including developments such as Masdar City Square and Yas Place, which have already recorded healthy pre-commitment levels. The industrial and logistics sector also recorded notable activity. According to the report, average market rents rose by 25 per cent year-on-year in 2024, with submarkets such as KEZAD experiencing rental increases of 38 per cent. Mussafah, ICAD and KEZAD all reached or exceeded AED500 ($136) per sq m per annum. Key demand drivers include third-party logistics (3PL), e-commerce, and retail operators. Major announcements in H2 2024 included a AED5bn ($1.36bn) industrial and logistics park by Mubadala and Aldar, and a AED320m ($87.2m) warehouse facility by ADAFZ and Radius, delivering over 90,000 sq m of space by Q4 2026. KEZAD has also commenced development of 250,000 sq m, scheduled for completion in Q4 2025. Savills Middle East notes that while upcoming supply may ease some pressure, demand for specialised and high-quality facilities is expected to remain firm across both the office and industrial segments.
