MONTREAL, Nov. 1, 2024
/CNW/ - Mr. Michael Boychuk,
Chair of the Board of Directors of Laurentian Bank of Canada (the "Bank"), is pleased to announce
the appointment of Mr. Robert
Ouellette as a new independent Director of the Bank,
effective November 1, 2024. This
appointment is part of the Board's commitment to ongoing renewal to
enhance its overall effectiveness, which ensures an appropriate
balance between skills and experience and a diversity of
perspectives.
Throughout his 35-year career, Mr. Ouellette has held several
senior executive positions in industries such as financial
services, engineering and professional services, and technology. An
engineer by trade, he is also a seasoned management consultant with
expertise in areas such as information technology, risk management,
and compliance and controls, making him an excellent addition to
the Bank's Information Technology Committee. Currently, he serves
on the Board of Directors at Promutuel Assurance, and the Advisory
Board at Valital Technologies.
"We are delighted to welcome Mr. Ouellette to the Bank's Board
of Directors," stated Mr. Boychuk. "The breadth and depth of his
experience in information technology and risk management will be
instrumental to the Bank as we continue to invest in developing our
foundational technology infrastructure that will enhance efficiency
and improve the customer experience."
About Laurentian Bank
Founded in Montréal in 1846, Laurentian Bank wants to foster
prosperity for all customers through specialized commercial banking
and low-cost banking services to grow savings for middle-class
Canadians.
With a workforce of approximately 2,800 employees, the Bank
offers a wide range of financial services and advice-based
solutions to customers across Canada and the
United States. Laurentian Bank manages $47.5 billion in balance sheet assets and
$26.9 billion in assets under
administration.
SOURCE Laurentian Bank of Canada
