CWB Financial Group

CWB appoints Chris Fowler as President and Chief Executive Officer

EDMONTON, March 7, 2013 – Canadian Western Bank (TSX: CWB) (CWB or the Bank) today announced the official appointment of Chris Fowler as President and Chief Executive Officer (CEO). While the expectation of this leadership transition has already been widely communicated, it was officially confirmed today by a positive vote of shareholders at the Bank’s 2013 Annual and Special Meeting.

“I’m thrilled about this opportunity to lead and carry on CWB’s history of growth and success,” says Chris. “Our strategy to build long-term value for shareholders is based on creating an environment that supports our employees to develop fulsome and highly valued business relationships with our clients. We will also maintain our commitment to be active in the communities where we live and do business. Larry Pollock’s legacy is a tremendous platform for future growth, and our focus is to realize on this potential.”

Chris first joined CWB in 1991 and has consistently demonstrated thoughtful and focused leadership in progressively senior positions. Most recently, as CWB’s President and Chief Operating Officer, Mr. Fowler was primarily responsible for banking operations and credit risk management. He has been instrumental in the creation and implementation of CWB Group’s strategic direction and has played an integral role in the organization’s success to date.

For further information contact:

Kirby Hill, CFA
Director, Strategy & Communications
Canadian Western Bank
Phone: (780) 441-3770
Email: kirby.hill@cwbank.com