Michael Donovan
About Michael Donovan
Michael Donovan is the Senior Vice President of Strategy and Transformation for Personal and Small Business Banking at CIBC, based in Toronto, Ontario, Canada.
Company
Michael Donovan currently works at CIBC, where he holds the position of Senior Vice President (SVP) of Strategy and Transformation for the Personal and Small Business Banking division. He has been in this role since 2017 and operates out of Toronto, Ontario, Canada. CIBC, or Canadian Imperial Bank of Commerce, is one of Canada's largest banks, providing various financial products and services to individual and corporate clients.
Title
Michael Donovan serves as the Senior Vice President (SVP), Strategy and Transformation for Personal and Small Business Banking at CIBC. His role involves overseeing the strategic initiatives and transformation projects aimed at enhancing the banking services provided to personal and small business clients.
Career Overview at CIBC
Michael Donovan has held multiple roles at CIBC over the years. Prior to his current position as SVP of Strategy and Transformation, he served as Vice President (VP) of Enterprise Risk Management and Policy & Governance, VP of Enterprise Risk Management, VP of Strategic Risk Analytics and Credit Portfolio Management, and Senior Director of Strategic Risk Analytics, among others. His career with CIBC began in the Technology and Operations Central Finance division in 1997.
Education and Expertise
Michael Donovan holds an MBA from Queen's University, completed in 2004. He also earned a Bachelor of Commerce from the same institution, graduating in 1997. His educational background provides a strong foundation in business administration and commerce, contributing to his expertise in strategic planning, risk management, and financial analysis.
Previous Roles in Risk Management
Within CIBC, Michael Donovan has held various positions focused on risk management. This includes his roles as VP of Enterprise Risk Management, VP of Strategic Risk Analytics and Credit Portfolio Management, and Senior Director of Strategic Risk Analytics. These positions involved managing the bank's risk policies, analyzing strategic risks, and overseeing credit portfolio management, playing a critical part in the overall risk strategy of the bank.