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Scotiabank Names Mason Chief Human Resources Officer

Nov. 4 (Bloomberg) -- Bank of Nova Scotia moved Barbara Mason, executive vice president of global wealth management, to the new role of chief human resources officer amid a shuffle of senior executives at Canada’s third-biggest bank.

Mason, who has been at Scotiabank for 31 years, assumes the job immediately and reports to Chief Executive Officer Brian Porter, Toronto-based Scotiabank said today in a statement. Mason will be responsible for all global human resources, communications and marketing functions.

James O’Sullivan was appointed to the new role of executive vice president of global asset management, reporting to Chris Hodgson, who is group head for global wealth and insurance, Scotiabank said. O’Sullivan has been with the bank since 1990, with senior leadership roles in investment banking, mergers and acquisitions and, most recently, as chief financial officer for the global wealth and insurance unit.

Porter, 55, took over as CEO on Nov. 1, succeeding Richard Waugh, who retired after a decade as head of the bank. Waugh, 65, is the firm’s deputy chairman and remains on the board until the end of January.

Stephen Hart became chief risk officer on Sept. 1, taking over from Robert Pitfield, who is retiring after 30 years. Pitfield continues until January to help with the transition, Scotiabank said in an Aug. 29 statement.

To contact the reporter on this story: Doug Alexander in Toronto at dalexander3@bloomberg.net

To contact the editor responsible for this story: Peter Eichenbaum at peichenbaum@bloomberg.net

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