Market Insights

Scotiabank is investing in both talent and regional presence to drive growth across North America. As the only bank with scale across the North American corridor1—anchored in Canada, the U.S., and Mexico—the Bank is building out its platform with intention, reinforcing its commitment to delivering tailored solutions and deepening client relationships across the region. 

The launch of a best-in-class regional hub in Dallas, led by G.A. Pivik, Managing Director, Regional Head, marks a pivotal moment. With over 25 years of experience across financial services, technology, and government, Pivik is guiding the operational build-out of the Dallas office while strengthening ties to the local community.

“It’s a great opportunity to help shape Scotiabank’s next chapter in Dallas,” noted Pivik. “The Bank has operated in Texas for over 50 years, and we’re building on that strong foundation. Dallas has a vibrant business community, deep talent pool, solid infrastructure, and is centrally located along the North-South corridor with direct flights to most of Scotiabank’s major locations —it’s a natural fit and supports our broader growth strategy.”

This expansion complements the relocation of the New York office to Midtown Manhattan—two moves that signal the Bank’s intent to grow with purpose and intention.

Alongside its physical expansion, the Bank has accelerated investment in talent.  A focus on strategic hiring, enhanced internal promotions, and strong development programming reflects a deliberate evolution of its platform. This focus on talent reinforces the Bank's commitment to deepening its role as a trusted financial partner across the Americas.

Scotiabank is welcoming seasoned leaders across Investment Banking, Global Capital Markets, Corporate Banking, and Financing Sales. These hires bring deep sector expertise, proven leadership, and a shared commitment to delivering client-centric solutions. From Toronto to New York, Dallas to San Francisco, the Bank is investing in its bench.

“We’re proud to be entering the Dallas market with unmatched talent and connectivity. This is a defining moment for our U.S. region and this strategic location will fuel our next phase of growth. I'm proud of the team that made it happen, and so excited for what's next,” said Nicole Frew, U.S. Co-CEO, Global Banking and Markets. “It speaks to our culture of growth, our commitment to purpose, and the opportunity we offer to those ready to lead Scotiabank’s next chapter.”

This investment in talent reflects a thoughtful approach to growth—supporting broader cross-border coverage, strengthening operational efficiencies, and positioning Scotiabank for long-term success in key markets.

“Scotiabank’s continued investment in the United States sharpens our competitive edge and positions us to scale with precision,” said Brian Lehman, U.S. Co-CEO, Global Banking and Markets. “With our new offices in Dallas and Midtown, we’re reinforcing Scotiabank’s strong presence across the North American corridor and positioning ourselves in two cities full of energy and opportunity. These moves, paired with the exceptional talent we’re bringing on board and promoting, enhance our ability to deliver sharper insights, faster execution, and deeper client engagement.” 

And it’s not just about bringing in new talent — it’s about recognizing and accelerating the exceptional talent Scotiabank already has. The organization is seeing widespread internal advancement, reflecting a strong culture of development and opportunity. Scotiabank Global Banking and Markets (GBM) promoted more than 270 people over the past year across client-facing, support, and control functions. Each appointment reinforces the Bank’s ability to deliver tailored solutions and trusted advisory across sectors and geographies while providing challenging career progression for our talent.

That commitment is reflected in Scotiabank GBM’s core learning programs—including Capital Ideas, a signature new hire experience, and targeted leadership development curriculum. These programs are purpose-built to strengthen leadership, deepen technical expertise, and foster growth. They not only support individual career progression but also reinforce the leadership behaviors required of our ScotiaBond, which is our culture framework. Scotiabank is building a resilient, high-performing organization equipped to meet the evolving demands of global markets.

“Our best assets ride the elevators here every day — delivering, leading, and earning recognition. We’re investing in our people because they’re driving results and shaping what’s next for Scotiabank. Careers are accelerating, and the momentum is real,” Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank.