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Hughes Anthony to Retire From Canada Bank Group

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Sept. 7 (Bloomberg) -- Nancy Hughes Anthony will retire as chief executive officer of the Canadian Bankers Association next year after 40 years working with various government and business associations.

Hughes Anthony, 61, will step down once a successor is in place, the Toronto-based organization said today in a statement.

She joined the bankers group, which represents 51 domestic lenders, in 2007 after a stint as president and CEO of the Canadian Chamber of Commerce.

Canadian banks were ranked the world’s soundest for the past two years by the World Economic Forum. Lenders including Royal Bank of Canada and Toronto-Dominion Bank made it through the financial crisis without government bailouts, posting a fraction of the $1.3 trillion in writedowns recorded by banks and brokers worldwide.

Related News and Information: Top Canadian news: {TOPC <GO>} Top financial news: {FTOP <GO>} Canadian bank news: {TNI CANADA BNK <GO>}

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; Alec McCabe at amccabe@bloomberg.net.

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