Peter Levitt led CIBC’s Treasury division from August 2012 to October 2022; oversight of the Tax Division was added to his accountabilities in March 2020. In this role, Mr. Levitt was responsible for all aspects of CIBC’s treasury functions, including asset liability management, structural balance sheet risk hedging, liquidity risk management, capital management and optimization, funding, cash management, treasury analytics, funds transfer pricing, and pension and treasury investment management. Also responsible for external Treasury-related stakeholder management, including investor relations, regulatory relations, central bank relationship management and worked actively to promote financial stability through sound legislation, regulation and public policy.
Mr. Levitt was Executive Vice-President and Treasurer at Manulife Financial (John Hancock in the US) from 2007 to 2012. Prior to this, he led capital finance in TD Bank Treasury, was Head of Treasury and Global Controller for TD Securities, and Chief Financial Officer of the wealth management group at Canada Trust up to and including integration with TD in 2000. Mr. Levitt held a number of roles in technology, treasury and finance at Canada Trust from 1982 to 2000.
Mr. Levitt was on the Board of the Toronto Symphony Orchestra from 2001 to 2016, was appointed to the Board of Frontier College (now United for Literacy) and the Sinai Hospital Foundation Investment Committee, both in 2016, and the University of Toronto Faculty of Music Advisory Council in 2018. Mr. Levitt was appointed to the Advisory Committee of Novacap Financial Services private equity fund in 2019, and to the board of E-L Financial Corporation (TSX:ELF) in May 2022.
Mr. Levitt leads a number of inclusion and diversity initiatives, commits time to several organizations including Global Risk Institute, C.D. Howe Institute, the Rotman School of Business at the University of Toronto and supports numerous arts organizations. He holds an Executive MBA from the Ivey School of Business at the University of Western Ontario.