TORONTO, March 8 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announces an exciting dance competition that will put two lucky Canadians on stage at the 2011 International Indian Film Academy (IIFA) Awards in Toronto this June. The top male and female contestants in the CIBC IIFA Bollywood Moves Dance Competition will win an exciting experience at one of the world's most watched awards shows.

The CIBC IIFA Bollywood Moves Dance Competition invites Canadians to register for the dance competition and submit a one-minute video of themselves dancing to Indian music found online at www.cibciifa.com. The Top 10 contestants selected will take part in the CIBC IIFA Bollywood Moves Dance Competition Finale on June 11 at Yonge and Dundas Square in Toronto.

The top female and top male selected at the Finale event by a panel of three expert judges will each win the opportunity to dance on stage at the IIFA Awards show on June 25, 2011. The prize includes rehearsals with the IIFA dance troupe in preparation for the awards show, hotel accommodation, meals and airfare. Please visit www.cibciifa.com for details and rules. The competition closes on April 29, 2011.

"CIBC is excited to launch this competition that will offer a once in a lifetime opportunity to dance on the IIFA stage in Toronto and attend the after party with the stars," said Stephen Forbes, CIBC's Executive Vice-President of Marketing, Communications & Public Affairs. "CIBC is proud to be the presenting sponsor of the IIFA Awards in June and we are thrilled to be able to offer CIBC clients and all Canadians this chance to take part in the excitement of the IIFA Awards weekend in premium style."

In addition to the CIBC IIFA Bollywood Moves Dance Competition, the CIBC IIFA Golden Ticket Contest offers current and new CIBC clients the opportunity to win 1 of 5 VIP weekends for two to the 2011 IIFA weekend events in Toronto when they purchase or apply for a CIBC qualifying product. Visit www.cibciifa.com to enter the contest.

The IIFA Awards, fondly known as the 'Bollywood Oscars', are the annual awards for India's global movie industry. The event, taking place in North America for the first time, is expected to attract over 40,000 visitors to Toronto as well as a global audience of 600 million viewers.

About CIBC

CIBC is a leading North American financial institution with nearly 11 million personal banking and business clients. CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, and has offices in the United States and around the world. You can find other news releases and information about CIBC in our Press Centre on our corporate website at www.cibc.com.