Only Canadian Company to be recognized by International Study
"We are extremely proud to have been recognized by The Global Top Companies for Leaders," said Sylvia Chrominska, Group Head, Global Human Resources and Communications. "The development of strong leaders across the organization is one of Scotiabank's top priorities, and this recognition demonstrates that while we can still enhance our processes, we are most definitely on the right track."
"Hewitt would like to congratulate Scotiabank as being named as a Company to Watch in the 2009 Top Companies for Leaders," said Bob Gandossy, global practice leader for Hewitt's Leadership Consulting practice. "When looking at the practices of these companies, Hewitt found that they went above and beyond to strengthen their leadership practices and focused on building leadership capability to overcome major organizational challenges. These efforts made a difference, and while they may not be a Top Company in every leadership category, they are clearly on the move and ones to watch."
"While Scotiabank may not yet be a top company in every leadership category, it is clearly on the move," said Andrée Mercier, a principal in Hewitt's
The Bank's strategy in this area is a combination of programs to support the development of all leaders and the global management of top talent to bring rigour and consistency to the identification and development of our future executives. The Bank has centralized responsibility for meeting its goals in an office of Global Talent Management, but leaders across the Bank accept responsibility for developing their teams and identifying those employees who may play a greater role in the future of the organization.
"All leaders across the Bank share in this announcement," said
The Global Top Companies for Leaders is sponsored by Hewitt Associates, a global consulting and outsourcing company, in partnership with The RBL Group, a strategic HR and leadership systems advisory firm, and Fortune, the Global Top Companies for Leaders is the most comprehensive study of organizational leadership in the world. This year's winners were selected and ranked by an esteemed panel of judges based on criteria including strength of leadership practices and culture, exemplars of leader development on a global scale, impact of leadership to communities in which they operate, business performance, and company reputation. The 2009 list, attached below, can be found on Fortune.com today and will appear in the
About the Top Companies for Leaders Survey
The Top Companies for Leaders Study includes 537 organizations around the globe, with an average employee size of 31,443. Eighty-two percent of the participating companies had revenues of
Hewitt, The RBL Group and Fortune utilized a three-step screening process to identify the finalist companies. This included assessing survey responses, conducting in-depth interviews and analyzing financial performance in relation to industry. Hewitt provided this information to a panel of independent judges in each region to select and rank a 2009 Top Companies for Leaders list in Asia-Pacific,
About Scotiabank
Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With close to 69,000 employees, Scotiabank Group and its affiliates serve approximately 12.8 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With more than
For further information: Ann DeRabbie, Scotiabank Public Affairs, (416) 933-1344
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