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The Canadian Bankers Association (CBA) on Tuesday announced the appointment of Neil Parmenter as president and CEO, effective May 1.

Parmenter succeeds Terry Campbell, who announced his retirement in September 2016 and has been in this role for six years.

Parmenter is currently senior vice president, corporate and public affairs (global) and chief communications officer at Toronto-Dominion Bank (TD). He leads TD’s corporate communications for Canada and the United States and he leads TD’s Canadian government relations practice, and counsels the CEO, CFO, senior executive team and board of directors on key government relations, communications, and public affairs issues.

“We are pleased to have Neil lead the CBA and are confident his extensive knowledge of banking and hands on experience in government relations will ensure he is an effective voice for the industry,” says Cameron Fowler, group head, Canadian personal and commercial banking at Bank of Montreal and chairman of the CBA’s executive council, in a statement.

“We would also like to thank Terry for his exceptional work as CBA president and throughout his 20 years at the CBA. He provided strong leadership on behalf of the industry, particularly following the global financial crisis, and strengthened the reputation of banks in Canada,” Fowler adds.

Parmenter holds a B.A. in political science from Western University, a certificate in public relations from Humber College, a Canadian Securities designation and completed an executive program in strategic marketing management from Stanford University. He also serves as a director of the Toronto Financial Services Alliance and the Institute for Public Relations.

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