Laurentian Bank of Canada announced the appointment of Eric Provost as CEO, replacing Rania Llewellyn, effective immediately. Read on.
announced the appointment of Eric Provost as chief executive on Oct. 2, following a computer outage at the bank last week.The bank also said director Michael Boychuk has been appointed chair of its board of directors, replacing Michael Mueller, who has resigned from the board.
“Eric’s appointment as CEO follows his exceptional performance leading our commercial banking business and was part of our formal succession planning process.” The bank said Provost’s immediate priority will be to rebuild trust with the bank’s customers and address the impacts of the outage. “We will focus our efforts on renewing the trust of loyal customers while continuing our efforts to drive greater operational efficiency and growth in all our business lines.”
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Canada's Laurentian Bank names insider Eric Provost as CEOProvost, who has been with the country's ninth-largest lender for over a decade, replaces Rania Llewellyn, effective immediately. Laurentian also announced the appointment of Michael Boychuk as chair of the board, replacing Michael Mueller. Last month, the lender said Provost would take on an expanded position as group head of personal and commercial banking as it dropped its M&A plan following a strategic review.
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Laurentian Bank appoints Eric Provost as new CEO after computer outageLaurentian Bank of Canada announced the appointment of Eric Provost as CEO, replacing Rania Llewellyn, effective immediately. Read on.
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Laurentian Bank CEO Llewellyn to Depart as Provost Takes HelmLaurentian Bank of Canada said Chief Executive Officer Rania Llewellyn will leave the company immediately and will be replaced by personal and commercial banking chief Eric Provost.
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