Bank of Nova Scotia Says Mexico Chief Reich de Polignac Resigns

Bank of Nova Scotia said Nicole Reich de Polignac, the head of its Mexico unit, resigned after about five years in the role.

Reich de Polignac left yesterday, Toronto-based Scotiabank said in an emailed statement. Carlos Lomeli will oversee the unit’s operations while the bank appoints a replacement, the bank said.

Reich de Polignac joined Scotiabank, Canada’s third-largest lender by assets, in 2005 as head of its operations in the Dominican Republic. She was then appointed president and chief executive officer of Grupo Financiero Scotiabank in October 2007.

The change was reported earlier by CNNExpansion.

To contact the reporter on this story: Sean B. Pasternak in Toronto at spasternak@bloomberg.net

To contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net; David Scheer at dscheer@bloomberg.net

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