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UPDATED ON: Friday, September 24, 1999

Bank of Nova Scotiabank:

Albert Emile Wahbe,

From The Globe and Mail

Albert Emile Wahbe
Scotiabank is pleased to announce the appointment of Albert Emile Wahbe as President of the Bank's new subsidiary, Mr. Wahbe will be responsible for the sales and development of E-commerce products and services provided by this newest member of the Scotiabank Group. will offer Canadian companies the most advanced form of Internet security available today in the marketplace. It will secure E-commerce transactions with the same award-winning technology used by Scotiabank's online banking customers.

Mr. Wahbe is also responsible for Scotiabank's Electronic Banking Group and Montreal Trust's stock transfer and corporate trust services.

Scotiabank is one of North America's premier financial institutions, with more than $227 billion in assets and approximately 41,000 employees worldwide. It is also Canada's most international bank, with more than 1600 branches and offices in more than 50 countries on six continents. Scotiabank is on the World Wide Web at


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