Scotiabank Peru SAA announced the appointment of Jean-FranAois Perrault as senior vice president and chief economist starting December 31, 2015. He brings a wealth of experience to the role, having held prominent roles with the federal government, The Bank of Canada, the International Monetary Fund and the World Bank. In his new role, Mr. Perrault will be responsible for providing Scotiabank's senior executives, partners and customers with economic perspectives, insights and forecasts.

He will be reporting to Sean McGuckin, Group Head and Chief Financial Officer. Mr. Perrault's appointment follows a decision by current Scotiabank Chief Economist, Warren Jestin to retire, effective March 1, 2016, following a long and distinguished career with Scotiabank spanning nearly four decades.