Business
Laurentian Bank Appoints Éric Provost as President and Chief Executive Officer and Michael Boychuk as Chair
Laurentian Bank Appoints Éric Provost as President and Chief Executive Officer and Michael B...
About this update from Laurentian Bank Of Canada
[{"type":"text","content":"\n \n \n \n Laurentian Bank Appoints Éric Provost as President and Chief Executive Officer and Michael Boychuk as Chair\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n •     Michael Mueller resigns as a Director and Chair of the Board\n \n \n \n •     Rania Llewellyn to leave immediately as President & CEO\n \n \n \n \n MONTRÉAL\n \n ,\n \n \n Oct. 2, 2023\n \n \n /CNW/ - Laurentian Bank (TSX: LB) (the \"Bank\") announced today that Éric Provost has been appointed President and Chief Executive Officer and a member of the Laurentian Bank Board of Directors, while\n \n Michael Boychuk\n \n has been appointed to the role of Chair of the Board. Both appointments are with immediate effect.\n \n \n Mr. Provost has been at the Bank for over a decade and has deep roots in banking as well as in the Québec business and financial communities. Most recently, he served as Group Head of Personal and Commercial Banking.\n \n \n Mr. Boychuk is an experienced executive, investment professional and Board member who was most recently Chair of the Audit Committee for Laurentian Bank.\n \n \n \"Éric is the right executive to lead the Bank at this critical point in its evolution,\" said Mr. Boychuk. \"We have experienced challenges recently and the Board is confident that Éric will successfully focus the organization on our customer experience and operational effectiveness. Éric's appointment as CEO follows his exceptional performance leading our Commercial Banking business and was part of our formal succession planning process.\"\n \n \n Mr. Boychuk added: \"I want to thank\n \n Mike Mueller\n \n for his many years of dedicated service as both a Board member and Chair. I would also like to thank\n \n Rania Llewellyn\n \n for her hard work and contributions.\"\n \n \n Mr. Provost's immediate priority as the Bank's new President and CEO will be to rebuild trust with the Bank's customers and address the impacts ...