Jomo Russell
Vice-President, Procurement, CIBC
Jomo Russell has over 14 years of Commercial lending experience primarily focused on acquisition and other event driven financings.
His experience includes both enterprise value based lending on a senior and subordinated debt basis as well as asset based lending for various private equity sponsored LBOs, MBOs, acquisitions and general recapitalizations leading both bilateral and syndicated structures. His diverse sector experience includes transactions in the business services, manufacturing, retail, transportation, energy, distribution, construction, healthcare and food industries.
Jomo has led high-performing teams that have consistently exceeded business targets and managed a growing credit portfolio in compliance with CIBC’s risk parameters and policies by focusing on coaching and mentoring, formal technical training and granting increasing levels of transaction exposure to team members.
He has managed CIBC’s most important private equity sponsorship relationships, driving incremental business opportunities and cross-selling wins, led numerous syndication efforts representing CIBC with other lenders and worked with portfolio companies through periods of temporary underperformance resulting in deeper long-term relationships for CIBC.
Jomo currently leads CIBC’s Procurement group where he is responsible for leading end-to-end procurement for CIBC, including all programs related to planning, supplier selection, negotiating, contracting, and purchasing across the enterprise.
Jomo has an MBA from the Schulich School of Business and is a CFA Charterholder.