CIBC again named one of North America's most engaged workplaces

Exceptional employee commitment to deliver superior customer service recognized by Achiever's

TORONTO, Jan. 13, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) Achiever's, a U.S.-based company that specializes in employee rewards and recognition, annually identifies companies that show leadership in developing innovative employee engagement practices in the workplace. For the second year in a row, CIBC is the only major financial institution named one of Achiever's 50 Most Engaged Workplaces™ in North America.

"Our greatest strength is our team members," says Sandy Sharman, Executive Vice- President, CIBC. "We are proud to be recognized for establishing a standard of best practices to help keep our employees engaged and connected with our clients, our communities, and our valued team members across the bank."

The 50 Most Engaged Workplaces™ were chosen from a list of applicants which were analyzed and compared on the basis of eight key principles of employee engagement, including: Communication; Leadership; Culture; Rewards & Recognition; Professional & Personal Growth; Accountability & Performance; Vision & Values; and Corporate Social Responsibility.

CIBC was also recently recognized as one of the Financial Post's Ten Best Companies to Work For in Canada, the only financial institution to make this year's list.

Other awards include:

• One of Canada's Top 100 Employers, Best Diversity Employers, Top Employer for Young People, Top Employer for People Over 40 and Greater Toronto Top Employer by Mediacorp;
• The strongest of the publicly traded major banks in Canada and North America by Bloomberg Markets magazine;
• Among the Top 10 Safest Banks in North America by Global Finance magazine;
• Top Canadian Bank for Mobile Banking by Forrester;
• Canada Derivatives House of the Year by GlobalCapital.

About CIBC
CIBC is a leading Canadian-based global financial institution with nearly 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Wholesale Banking - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. You can find other news releases and information about CIBC in our Media Centre on our corporate website at www.cibc.com.

SOURCE CIBC

Caroline Van Hasselt, Director, External Communications and Media Relations, at 416-784-6699 or e-mail: [email protected].