TORONTO, ONTARIO--(Marketwire - Feb. 1, 2011) - The Executive Council of the Canadian Bankers Association (CBA) today announced the appointment of Terry Campbell as President and Chief Executive Officer of the CBA, effective March 1, 2011. Mr. Campbell succeeds Nancy Hughes Anthony, who announced her retirement in September 2010 and has been in this role for nearly four years.

"We are extremely pleased that Terry Campbell has accepted our offer to lead the Canadian Bankers Association," said Mr. Réjean Lévesque, Executive Vice-President – Personal and Commercial Banking at National Bank Financial Group and Chair of the CBA's Executive Council. "We conducted an extensive search and interviewed a number of very strong candidates. We felt that Terry brings the experience, strategic thinking and leadership qualities that will be needed to represent Canada's highly-regarded banking industry at home and abroad. Terry will be a strong voice for banks in Canada."

Mr. Campbell is currently the Vice President of Policy for the Canadian Bankers Association. Prior to joining the CBA in 1997, Mr. Campbell had a sixteen year career in the Ontario public service, including serving at the director level with responsibility for policy related to provincially-regulated financial services.

"Canada's highly competitive and strong banking sector is a real Canadian success story," said Mr. Campbell. "Having a sound banking system is critical to the success of our economy and helps Canadians build their financial futures. I am honoured to be taking on this role at a time when our industry is recognized around the world for its strength and resilience."

Mr. Campbell graduated with a Masters degree in History from Queen's University and completed his undergraduate work at the University of Toronto. He has served on the Guelph Museums Board of Management and the Board of the Deposit Insurance Corporation of Ontario and he is active in mentoring programs for recent immigrants to Canada.

Mr. Lévesque acknowledged the contributions of retiring President and CEO, Nancy Hughes Anthony. "Nancy has done an outstanding job in her tenure at the CBA. During the recent economic downturn, as many financial institutions around the world either failed or needed government bailouts, Nancy clearly delivered the message that Canada's banks remained strong and were the envy of the world. We wish Nancy all the best in her retirement." 

The Canadian Bankers Association works on behalf of 51 domestic banks, foreign bank subsidiaries and foreign bank branches operating in Canada and their 260,000 employees. The CBA advocates for effective public policies that contribute to a sound, successful banking system that benefits Canadians and Canada's economy. The Association also promotes financial literacy to help Canadians make informed financial decisions.

Follow the CBA on Twitter: @CdnBankers

Contact Information: Canadian Bankers Association
Andrew Addison
(416) 362-6093, ext. 220 or Cell: (416) 587-7733