CIBC is continuing to shuffle its executive ranks with barely one month left before chief operating officer Harry Culham takes over as leader.

Canadian Imperial Bank of Commerce CM-T is continuing to shuffle its executive ranks with barely one month left before the lender gets a new leader.

Mike Freeborn and Alfred Traboulsi will each become managing director and co-head of global corporate and investment banking at CIBC as of Nov. 1, according to an internal memo viewed by The Globe. Their appointments coincide with the date when Harry Culham, currently the bank’s chief operating officer, will formally succeed Victor Dodig as chief executive officer.

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