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Laurentian Bank reports first-quarter profit up from year ago, beats expectations

  MONTREAL Laurentian Bank Financial Group s chief executive says the company will double down on its residential mortgage business as part of a deep review of the bank s business. We are on track to deliver our new strategic plan, including Laurentian Bank value proposition and vision for the future, by the end of the year, said Rania Llewellyn, who took over as chief executive at the end of October. In the near term, one opportunity that has surfaced as a high priority for the organization is our residential mortgage business. While the industry has been experiencing growth over the past 12 months, we have not benefited from it.

Laurentian Bank names Yvan Deschamps as new chief financial officer

Laurentian Bank names Yvan Deschamps as new chief financial officer
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Laurentian Bank names Yvan Deschamps new chief financial officer

Laurentian Bank names Yvan Deschamps new chief financial officer by The Canadian Press Last Updated Jan 8, 2021 at 1:14 pm EDT MONTREAL Laurentian Bank says chief financial officer Francois Laurin is retiring and will be replaced by Yvan Deschamps in April. The bank says Deschamps joined its ranks in 2016 and has been senior vice president of finance, accounting and corporate development since 2017. Before that, Deschamps worked at CAE Inc., Caisse de depot et placement du Quebec and Bell Canada. The leadership change comes after Rania Llewellyn took over as chief executive last fall. Llewellyn says that Laurin, who has helped lead the bank’s financial team for five years, decided to retire last year but opted to stay on during her onboarding as new CEO.

Laurentian Bank names Yvan Deschamps new CFO

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