Scotiabank said in a release that Teslyk would be responsible for leading the overall strategic direction of its automotive finance operations, including the prime indirect retail lending and commercial automotive finance businesses as well as the non-prime indirect retail lending at Scotia Dealer Advantage.
“Kevin joined Scotiabank in 1992 and has held progressively senior leadership roles in personal and commercial banking, corporate and investment banking, wealth management, finance and global risk management, both within Canada and internationally,” the bank said.
Most recently, he was the managing director and country head for Scotiabank (Bahamas) Limited. In November 2013, he returned to Canada to begin transitioning into his new role.
“Kevin’s breadth of experience and success in leading several retail and commercial client based businesses in markets both in Canada and internationally, will serve him well as he builds upon the reputation Scotiabank has as being a leader in the automotive finance business and a valued business partner of OEMs and Canadian dealerships.”
He holds a Bachelor of Commerce Degree (Finance) from the Haskayne School of Business, The University of Calgary, and a Master of Business Administration Degree from the Richard Ivey School of Business, The University of Western Ontario.
Teslyk succeeds Porter who recently retired.