Bank of Nova Scotia Appoints Phil Thomas as Chief Strategy and Operating Officer and Shannon McGinnis as Chief Risk Officer
Position
Chief Risk Officer
Company
Scotiabank
Description
Bank of Nova Scotia has announced leadership changes as part of a strategic turnaround plan. Phil Thomas will transition to Chief Strategy and Operating Officer, while Shannon McGinnis becomes the first female Chief Risk Officer.
Quick answer
Bank of Nova Scotia Appoints Phil Thomas as Chief Strategy and Operating Officer and Shannon McGinnis as Chief Risk Officer (November 18, 2025).
- Who is the new Chief Risk Officer at Scotiabank?
- Scotiabank named Shannon McGinnis Chief Risk Officer, announced November 18, 2025.
- What did Scotiabank announce on November 18, 2025?
- Bank of Nova Scotia has announced leadership changes as part of a strategic turnaround plan. Phil Thomas will transition to Chief Strategy and Operating Officer, while Shannon McGinnis becomes the first female Chief Risk Officer.
- Which similar companies made leadership changes around the same time?
- World Bank (November 18, 2025), Namdev Finvest (November 18, 2025), Handelsbanken (November 19, 2025) and 360 One Wam (November 19, 2025) also announced leadership changes within 45 days of Scotiabank.
Source: Fundz verified event record.
Other recent leadership changes in Financial Services and Finance
Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.
- World Bank Group Appoints Paschal Donohoe as Managing Director and Chief Knowledge Officer (November 18, 2025)
- Namdev Finvest Appoints Sahil Taneja as Chief Business Officer (November 18, 2025)
- Handelsbanken Appoints David Haqvinsson as Chief Credit Officer (November 19, 2025)
- 360 ONE Asset Appoints Pritam Doshi as Chief Information Officer (November 19, 2025)
- Secure Trust Bank Appoints Jim Appleby as Chief Operating Officer (November 17, 2025)
- First Capital Bank Promotes Tradd Rodenberg to President (November 20, 2025)
Who to call at Scotiabank, and when
A new leader at Scotiabank brings new priorities and often new vendors. The first weeks are when they listen.
- An alert the day Scotiabank raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Scotiabank, from your own LinkedIn network
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Fundz sees it the moment Scotiabank changes its leadership, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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