EDMONTON, Jan. 31, 2019 /CNW/ - Robert Phillips, Chairman of the Board for Canadian Western Bank (TSX: CWB) is pleased to announce the appointment of E. Gay Mitchell to the CWB's Board of Directors effective January 31, 2019.

Ms. Mitchell will stand for election at CWB's next annual meeting of shareholders.  With the addition of Ms. Mitchell, CWB's Board of Directors will consist of 13 directors, 12 of whom are independent.

Ms. Mitchell is an industry leader in Canada, with decades of experience in financial services. Previously, she was the Deputy Chair of RBC Wealth Management and an Executive Vice President at Royal Bank of Canada. In the past she served on the subsidiary boards of Royal Trust Company of Canada, Royal Trust Corporation, and Royal Bank Mortgage Corporation, as well as numerous non-profit boards. Ms. Mitchell holds a Bachelor of Arts from Queen's University, a Master of Business Administration from the University of Alberta, an ICD.D designation from the Institute of Corporate Directors and is a Fellow of the Institute of Canadian Bankers.

"On behalf of my fellow directors, I would like to welcome Gay to CWB's Board," said Robert Phillips. "She brings a wealth of industry knowledge and financial acumen, and we look forward to her valuable contributions."

About CWB Financial Group

CWB Financial Group is a diversified financial services organization serving businesses and individuals across Canada. Operating from its headquarters in Edmonton, Alberta, CWB's key business lines include full service business and personal banking offered through branches of Canadian Western Bank, and Internet banking services provided by Motive Financial. Highly responsive specialized financing is delivered under the banners of CWB Optimum Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium Financial and CWB Franchise Finance. Trust Services are offered through Canadian Western Trust. Comprehensive wealth management offerings are provided through CWB Wealth Management, which includes the businesses of McLean & Partners Wealth Management and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols "CWB" (common shares), "CWB.PR.B" (Series 5 Preferred Shares), "CWB.PR.C" (Series 7 Preferred Shares) and "CWB.PR.D" (Series 9 Preferred Shares). Learn more at www.cwb.com.

SOURCE Canadian Western Bank

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