The Globe and Mail reports in its Tuesday edition that Canadian Imperial Bank of Commerce is reshuffling its executive ranks ahead of a leadership change. The Globe's Jameson Berkow writes that as of Nov. 1, Mike Freeborn and Alfred Traboulsi will be co-heads of global corporate and investment banking. This coincides with Harry Culham, currently the bank's chief operating officer, officially taking over as chief executive officer from Victor Dodig. "Mike will primarily focus on our Canadian franchise, while Alfred will focus on growing our U.S. platform," said Christian Exshaw, who became deputy head of capital markets last year and was tapped last month for Mr. Culham's former role as head of capital markets. Mr. Freeborn has significant experience in the oil and gas industry, primarily with CIBC, except for eight years in the early 2000s at Goldman Sachs. Mr. Traboulsi is new to CIBC, having joined the bank's New York office in May as head of U.S. investment banking. He had previously spent more than a decade as head of investment banking at HSBC and, like Mr. Freeborn, is also a veteran of Goldman Sachs. Since Mr. Culham was named CIBC's CEO in March, he has swiftly reshaped the bank's executive ranks in his image.