Scotiabank Reshapes Leadership Team as Phil Thomas Steps In as New COO
Scotiabank, one of Canada’s largest banks, has announced a major executive shake-up. Phil Thomas is stepping into a newly created role as Group Head & Chief Strategy and Operating Officer (COO). This change, effective December 2, 2025, is designed to strengthen Scotiabank’s business strategy, risk oversight, and long-term growth as the bank navigates a dynamic global market.
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