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CWB Group Names Dubowec SVP, Equipment Finance

February 09, 2016, 07:05 AM

Canadian Western Bank Group (CWB) announced the appointment of Michael Dubowec to Senior Vice President, Equipment Finance. In this newly created role, Mr. Dubowec will provide key leadership to all of CWB’s specialized equipment financing businesses,  including branch-based CWB Equipment Financing teams,  the CWB Broker Buying Centre and National Leasing. Together, these businesses represent more than $4 billion of total assets, underpinned by strong client relationships maintained by more than 100 sales representatives located across Canada.

“Michael’s previous experience as executive vice president and chief operating officer for National Leasing has proven he has the knowledge, commitment and strategic leadership required of this new role within CWB. Building on CWB’s long-standing reputation as specialists in equipment financing and leasing is a core element of our strategy,” said Greg Sprung, Executive Vice President, CWB Group. “We believe joining these complementary areas of our business under Michael’s leadership will provide opportunities to enhance the services we provide to our customers, while supporting further growth and added efficiencies.” 
“I am honoured CWB asked me to lead the next phase of its growth and development in the equipment finance market,” said Mr. Dubowec.  “Above all, I am committed to creating value and opportunity for our clients, employees and CWB shareholders."

Tom Pundyk, President and CEO of National Leasing, added: “I am excited to see Michael build on the positive momentum we have created over the years, and congratulate him on this important next step for our group of companies. I am confident he will continue to play an integral role in the record growth and client satisfaction we’ve collectively achieved to date.”

Canadian Western Bank offers a full range of business and personal banking services across the four western provinces and is the largest publicly traded Canadian bank headquartered in Western Canada. CWB, along with its material operating affiliates and divisions, National Leasing, Optimum Mortgage, Canadian Western Trust, Canadian Western Financial, CWB Wealth Management, Adroit Investment Management, McLean & Partners Wealth Management, and Canadian Direct Financial collectively offer a diversified range of financial services across Canada and are together known as the CWB Group. CWB’s common shares and Series 5 preferred shares are listed on the Toronto Stock Exchange under the trading symbols “CWB” and “CWB.PR.B”, respectively.

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