Press Release: Scotiabank Welcomes Ralph Hamers to Its Board of Directors

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TORONTO, Sept. 1, 2026 /CNW/ -- Scotiabank has appointed Ralph Hamers to its Board of Directors, effective immediately.

Mr. Hamers brings extensive global banking, technology, and transformation experience to the Board, having served as Group Chief Executive Officer of UBS Group AG from 2020 to 2023 and Chief Executive Officer of ING Group from 2013 to 2020. Over the course of his career, he has held senior leadership roles across retail, commercial, and wholesale banking, with deep experience leading large-scale digital transformation and client-focused modernization across global financial institutions.

"Ralph is a highly respected global banking leader with significant experience guiding complex financial institutions through periods of change," said Aaron Regent, Chair of the Board of Scotiabank. "His expertise in digital transformation and innovation, and his global banking perspective, will be invaluable as the Board continues to support the Bank's strategy to deliver more value for clients and shareholders."

Mr. Hamers spent nearly three decades at ING, joining the bank in 1991 and serving in senior roles across Europe before being appointed Chief Executive Officer in 2013. During his tenure, ING advanced its digital banking capabilities and strengthened its position as a leading customer-focused financial institution. He subsequently joined UBS in 2020, where he served as Group Chief Executive Officer, launching a strategy to drive better alignment across the Bank and playing an instrumental role in the acquisition of Credit Suisse. He is currently Chairman of the Board of Directors of Banking Circle Group, a next-generation financial technology platform for global commerce. He is also Chairman of the Board of Your.World B.V., a European online services company.

Mr. Hamers holds a Master of Science in Business Econometrics and Operations Research from Tilburg University in the Netherlands.

About Scotiabank

Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at July 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange $(BNS)$. For more information, please visit http://www.scotiabank.com and follow us on X @Scotiabank.

SOURCE Scotiabank

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