Team CIBC marks 20 years of partnership in support of the Canadian Breast Cancer Foundation CIBC Run for the Cure

TORONTO, Oct. 3, 2016

TORONTO, Oct. 3, 2016 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – Yesterday nearly 100,000 Canadians, including 15,000 members of Team CIBC came together to honour friends and family affected by breast cancer in communities across Canada for the Canadian Breast Cancer Foundation (CBCF) CIBC Run for the Cure.

This year marked a significant milestone for CIBC – 20 years of partnership and raising an estimated nearly $3 million raised for CBCF in support of innovative breast cancer research, treatment and support services for the estimated one in nine women in Canada who will be diagnosed with breast cancer in their lifetime.

"On behalf of Team CIBC, I want to thank the Canadian Breast Cancer Foundation for 20 great years of partnership and all the work they do to make a difference in the lives of those affected by breast cancer," says Christina Kramer, CIBC's Executive Vice-President and its Executive Run Sponsor. "It's through the commitment and passion of Team CIBC together with our clients, employees and thousands of Canadians that individuals touched by this disease are living longer, healthier lives after diagnosis."

Over the last 20 years, CIBC and CBCF have worked hand-in-hand, with clients, communities and volunteers across Canada to grow the CIBC Run for the Cure into the largest, single-day, volunteer-led event dedicated to raising funds for breast cancer research. CIBC's involvement started with a handful of dedicated and passionate employees, and has since grown to be one of the bank's largest employee driven fundraisers.

"For the past two decades, CIBC has been our strongest and most dedicated partner. In 20 years, Team CIBC has raised an extraordinary $45 million for the cause," said Lynne Hudson, CEO, Canadian Breast Cancer Foundation. "Thanks to their unparalleled commitment to the Canadian Breast Cancer Foundation, we have been able to help reduce breast cancer mortality rates by 44 per cent by investing in groundbreaking research and programs to improve the lives of those affected by breast cancer."

This year, Team CIBC helped CBCF raise an estimated $17 million through pledges, donations and fundraising initiatives.

About the Canadian Breast Cancer Foundation CIBC Run for the Cure
The Canadian Breast Cancer Foundation CIBC Run for the Cure is the largest, single-day, volunteer-led event dedicated to raising funds for breast cancer research. On October 2, 2016, this national movement will bring together participants and volunteers in more than 60 communities across the country to create a future without breast cancer. Register, donate or learn more at CIBCRunForTheCure.com and follow the conversation using the hashtag #CIBCRunfortheCure

About CIBC
CIBC is a leading Canadian-based financial institution with 11 million individual, small business, commercial and institutional clients. CIBC and its employees invest in the social and economic development of communities and in 2015, CIBC contributed more than $65 million to support community  initiatives across Canada, including the Canadian Breast Cancer Foundation CIBC Run for the Cure, CIBC Miracle Day™ and United Way. This year, CIBC marks 20 years as title sponsor of the CIBC Run for the Cure and over two decades of support for breast cancer research and treatment. For more information, follow on Twitter @CIBC, Facebook (www.facebook.com/CIBC) and Instagram @CIBCNow.