Page 21 - CCCA63_2009

CCCA_V3No3_Women-FIN.qxd:CCCA_V1No1_DriversSeat-FIN.qxd 9/16/09 9:51 PM Page 21 Deborah Alexander Cover ExecutiveVP/General Counsel Scotiabank Toronto influence What it takes to rise to the top came back two days later, so after I was able to walk, which was six weeks, they sent me off to Argentina to try and deal with the situation. [It] was a difficult one for the bank, but we did get it resolved.” Alexander stepped in to assist in the sale of Scotiabank Quilmes to two Argentine banks; Scotiabank had decided to leave the country after refusing to pump more cash into its subsidiary to offset the liquidity drained by the devaluation.The government of Argentina had stopped pegging the peso to the U.S. dollar in December, 2001, leading to widespread economic chaos. AUTOMNE 2009 CCCA Canadian Corporate Counsel Association 21