Press Release

CIBC Mellon's Elizabeth Beaver honoured for outstanding contribution to business continuity

Toronto, July 12, 2007 - CIBC Mellon is pleased to announce that Elizabeth Beaver, senior manager, business continuity management, was presented with the Canadian Award for Business Continuity Management at the closing luncheon of the 17th World Conference on Disaster Management (WCDM) yesterday in Toronto.

The award recognizes an individual who has demonstrated outstanding achievement in, or contribution to business continuity management (or continuity of operations planning). The winner of the award receives a special plaque and their name is engraved on an Awards Board. Also, the Canadian Centre for Emergency Preparedness (CCEP) makes a donation of $1,000 on behalf of the winner to the Canadian Red Cross Disaster Relief Funds.

“Elizabeth Beaver is a dedicated professional with more than 18 years of experience in the field of crisis management and business and disaster recovery. Her work in overseeing crisis management and business recovery planning programs for more than 80 business functions at CIBC Mellon across Canada is an extraordinary feat and we are proud that she has been recognized for her accomplishments,” said Thomas C. MacMillan, president and chief executive officer, CIBC Mellon.

Elizabeth received her certification from the Disaster Recovery Institute (DRII) in 1993 and is an elected member of the certification board of DRI Canada. An active member of the Disaster Recovery Information Exchange (DRIE) - Toronto chapter since 1990, Elizabeth was the Toronto chapter president from 2001 to 2006. In 2004, Elizabeth received her Fellows designation from the Business Continuity Institute (BCI).

CCEP is a non-profit organization which promotes emergency management and business continuity best practices to individuals, communities, and organizations in government and the private sector. CCEP defines business continuity management as a holistic management process, which identifies potential impacts that threaten an organization and provides a framework for building while safeguarding the interests of its key stakeholders, reputation, brand, and value-creating activities. Best known for presenting WCDM, CCEP also serves these communities through its magazine, Emergency Management Canada, and by hosting the DisasterManagementJobs.com career site. Visit CCEP’s website.

CIBC Mellon is 50-50 jointly owned by the Canadian Imperial Bank of Commerce and The Bank of New York Mellon Corporation. CIBC Mellon’s two operating entities are CIBC Mellon Global Securities Services Company, a leading Canadian provider of asset services, and CIBC Mellon Trust Company, a leading provider of trust services in Canada.

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Contact: Cheryl Ficker, director, corporate affairs, CIBC Mellon 416-643-6368

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