The Globe and Mail reports in its Tuesday edition that Bank of Nova Scotia has hired a senior executive at Finning International for a top role in the lender's Canadian banking unit. Greg Palaschuk, chief financial officer at the construction equipment dealer, will join Scotiabank as executive vice-president and chief operating officer of Canadian banking in September. The bank said Mr. Palaschuk will oversee all Canadian banking operations activities, and he will also provide managerial oversight for automotive finance in Canada. Mr. Palaschuk took on the role of CFO at Vancouver-based Finning in March, 2020, joining then-chief executive officer Scott Thomson's senior executive group. He has experience operating in some of Scotiabank's most important markets as Finning is the largest dealer of Caterpillar equipment in Latin America and in the copper-mining industry in Chile. Mr. Thomson left Finning when he was appointed as Scotiabank's new CEO in late 2022 after serving as a board member since 2016. Before joining Finning in 2014, Mr. Palaschuk worked at Goldman Sachs in natural resources investment banking. He has also worked at UBS Group in mergers and acquisitions, and Deutsche Bank in investment banking.