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Laurentian Bank Purchases Group Annuity Contracts De-Risking Its Pension Plans

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.

La semaine en rafale | Conseiller

La semaine en rafale | Conseiller
conseiller.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from conseiller.ca Daily Mail and Mail on Sunday newspapers.

Laurentian Bank names Yvan Deschamps as new chief financial officer

Laurentian Bank names Yvan Deschamps as new chief financial officer
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

Laurentian Bank of Canada Announces CFO Succession Process

François Laurin announces planned retirement from Laurentian Bank MONTREAL, Jan. 08, 2021 (GLOBE NEWSWIRE) Laurentian Bank is pleased to announce that Yvan Deschamps has been appointed to the position of Executive Vice President and Chief Financial Officer of the organization, effective April 6, 2021. Mr. Deschamps succeeds François Laurin, who informed the Bank of his desire to retire at the next Annual General Meeting. Mr. Laurin will continue to work closely with Mr. Deschamps to ensure his smooth transition into the role. “I would like to thank François Laurin for his leadership and committed service to Laurentian Bank. Earlier in 2020, François indicated to the Board of Directors and the executive team his desire to retire and agreed to extend his tenure until this year to ensure a smooth succession process and to support my onboarding as new CEO. His leadership has ensured the Bank’s strong capital and liquidity positions and his mentorship has provided our organi

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