MONTRÉAL, April 2,
2024 /CNW/ - Laurentian Bank of Canada (TSX: LB) (the "Bank") today announced
that Kelsey Gunderson, Executive
Vice President & Head, Capital Markets, has made the decision
to leave the Bank to focus on personal interests prior to
establishing the next path in his professional journey.
In the interim, Brian Doyle,
currently Chief Financial Officer of Capital Markets, will assume
the role of Acting Head, Capital Markets and Acting President &
Chief Executive Officer of Laurentian Bank Securities Inc., and
will be responsible for its day-to-day operations. Mr. Doyle will
continue to report into Yvan
Deschamps, Executive Vice President & Chief Financial
Officer.
"I would like to sincerely thank Kelsey for his many
contributions to the Bank over the last five years, including
navigating our Capital Markets business through multiple periods of
market volatility," said Éric Provost, President & CEO. "Kelsey
was instrumental in executing on the Bank's Capital Markets
strategy, including improving the Bank's syndicate position with
many of our major clients, delivering solid risk-adjusted revenues
in a highly volatile macroeconomic environment, and accelerating
the Bank's efforts in the ESG space by increasing Laurentian Bank
Securities' activity in the Green Bond Market. I wish Kelsey all
the best in his next chapter."
Mr. Gunderson joined Laurentian Bank in his current role in
2019. His last day with the Bank will be April 12, 2024.
The Bank will unveil its revamped strategic plan at an Investor
Event later this spring and will share more information about
Capital Markets and all its businesses at that time.
About Laurentian Bank
At Laurentian Bank, we believe we can change banking for the
better. By seeing beyond numbers.
Founded in Montréal in 1846, Laurentian Bank helps families,
businesses and communities thrive. Today, we have approximately
3,000 employees working together as one team, to provide a broad
range of financial services and advice-based solutions for
customers across Canada and
the United States. We protect,
manage and grow $48.1 billion in
balance sheet assets and $26.5
billion in assets under administration.
We drive results by placing our customers first, making the
better choice, acting courageously, and believing everyone
belongs.
SOURCE Laurentian Bank of Canada