TORONTO, Sept. 26, 2013 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that Brenda Clark, Vice President, Payments Innovation and Integration, was honored with a Women in Payments Award at a ceremony held last night at the Arcadian Court in Toronto. The award recognizes the numerous payments innovations Ms. Clark has helped to deliver to CIBC's clients.

"We are very proud to see Brenda recognized for her client-focused achievements within CIBC and the payments industry," said Jenny Fagg, Executive Vice-President, CIBC. "The award is a tribute to Brenda's track record of innovation at CIBC - including rolling out secure chip-enabled credit and debit cards to CIBC clients, bringing the first Visa debit card to the Canadian marketplace, and delivering CIBC's market-leading mobile payments offer."

The Women in Payments organization supports career excellence for women in the payments industry, and their awards honour women who have demonstrated exceptional vision. The Award for Innovation recognizes a leader who has been instrumental in fostering and promoting innovation of products or services in the payments industry.

In selecting Ms. Clark for the award, the judges noted her passion for innovation, unwavering focus and energy, and her ability to empower others to learn and grow. They also commended her drive for change through her leadership and participation in industry groups, including her role on the board of the Canadian Payments Association, her role as vice chair of the Chip Industry working group, and her involvement on the Canadian Payments Task Force.

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 Media Centre on our corporate website at www.cibc.com.

SOURCE CIBC