The Mexican Ignatius Deschamps announced his intention to retire from Scotiabank at the end of April, where he has led the international banking business for seven years.
Deschamps -who, before joining the Canadian institution, was director of the then BBVA Bancomer-, joined Scotiabank in 2016, and, according to the bank, played an important role in directing the international banking business line, as well as digital transformation efforts globally.
“He is a leading global banker with extensive experience in Latin America. During his tenure at the bank, he redesigned our international business, led our international markets in the midst of the pandemic, and built a highly competitive banking franchise in our main markets,” he said. scott thomsonPresident and CEO of Scotiabank.
“He was also at the forefront of the bank’s digital transformation globally, inspiring the team to design and scale digital solutions in all countries to deliver a great experience for our employees and customers,” Thomson said.
The President and CEO of Scotiabank -who took office on February 1, replacing Brian Porter-, thanked Ignatius Deschamps for his leadership and his many contributions which, he said, helped the bank become a more customer-focused and digital-experience-focused organization.
While, Ignatius Deschamps He said it has been a privilege to work with that team over the past seven years, during which time the bank’s leadership has been promoted and the experience for employees and customers has been enhanced.
“I have been inspired by the dedication and winning passion of our leaders and teams in Chile, Mexico, Peru, Colombia, the Caribbean, as well as the rest of our markets to build the best bank for our communities and countries, today and for our future” , said.
Francisco Aristeguieta is appointed
At the same time, Scotiabank announced who will replace Deschamps at the head of international banking. This is Francisco Aristeguieta, who will assume the position as of May 1, 2023.
The bank explained that he will be part of the senior management team, being responsible for the bank’s international banking business line.
According to the institution, aristeguieta is a seasoned global banking leader with more than 30 years in international banking, having worked in major financial services organizations in various markets, including Latin America, North America, Asia, Europe and the Middle East.
“He will bring his experience and leadership, helping us drive engagement with our clients and deliver results in international markets. As we look to reinvent our strategy this year, Francisco will be a strong complement to our management team and play a central role in helping us deliver long-term sustainable profitable growth for our shareholders,” Thomson said.
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