Governance and
Social Responsibility

Laurentian Bank Financial Group is recognized within the Canadian banking industry as a pioneer in corporate governance. Notably, it was the first in 1987 to separate the functions of chairman of the Board of Directors from those of President and Chief Executive Officer. Moreover, its policies and corporate governance rules meet the highest standards of the Canadian banking and financial industry. All of the members of the Board of Directors, apart from the President and Chief Executive Officer, are independent and unaffiliated with management.

Governance

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  • Board of Directors
    Isabelle Courville

    Corporate Director

    Has served on the Board of Directors since March 2007

    Chair of the Board and Member of the Human Resources and Corporate Governance Committee


    Lise Bastarache

    Economist and Corporate Director

    Has served on the Board of Directors since March 2006

    Member of the Audit Committee


    Sonia Baxendale

    Corporate Director

    Has served on the Board of Directors since August 2016

    Member of the Risk Management Committee


    Michael T. Boychuk, FCPA, FCA

    Corporate Director

    Has served on the Board of Directors since August 2013

    Vice Chair of the Board

    Chair of the Audit Committee and Member of the Risk Management Committee


    Gordon Campbell

    Corporate Director

    Has served on the Board of Directors since December 2016

    Member of the Audit Committee


    François Desjardins

    President and Chief Executive Officer of the Bank

    Has served on the Board of Directors since November 2015

    Mr. Desjardins does not sit on any of the Board’s Committees


    Michel Labonté

    Corporate Director

    Has served on the Board of Directors since March 2009

    Chair of the Risk Management Committee and Member of the Human Resources and Corporate Governance Committee


    A. Michel Lavigne, FCPA, FCA

    Corporate Director

    Has served on the Board of Directors since March 2013

    Chair of the Human Resources and Corporate Governance Committee


    Davis Morris, CPA, CA

    Corporate Director

    Has served on the Board of Directors since October 2017

    Member of the Audit Committee


    Michelle R. Savoy

    Corporate Director

    Has served on the Board of Directors since March 2012

    Member of the Risk Management Committee and the Human Resources and Corporate Governance Committee


    Susan Wolburgh Jenah

    Corporate Director

    Has served on the Board of Directors since December 2014

    Member of the Risk Management Committee


  • Committees of the Board
    Audit Committee

    Mandate of the Audit Commitee (PDF | 27 Ko)

    Members of the Audit Committee
    Michael T. Boychuk – Chair
    Lise Bastarache
    Gordon Campbell
    David Morris

     

    Risk Management Committee

    Mandate of the Risk Management Committee (PDF | 27 Ko )

    Members of the Risk Management Committee
    Michel Labonté – Chair
    Sonia Baxendale
    Michael T. Boychuk
    Michelle R. Savoy
    Susan Wolburgh Jenah

     

    Human Resources and Corporate Governance Committee

    Mandate of the Human Resources and Corporate Governance Committee (PDF | 27 Ko )

    Members of the Human Resources and Corporate Governance Committee
    A. Michel Lavigne, Chair
    Isabelle Courville
    Michel Labonté
    Michelle R. Savoy

  • Executive Committee
    FRANÇOIS DESJARDINS

    President and Chief Executive Officer

    François Desjardins was named President and Chief Executive Officer of Laurentian Bank on November 1, 2015. After joining Laurentian Bank in 1991, he quickly rose through the ranks. A seasoned manager, he was appointed President and Chief Executive Officer of B2B Bank in 2004 and Executive Vice-President of Laurentian Bank in 2006.


    SUSAN KUDZMAN, FSA, FICA, CERA

    Executive Vice President, Chief Risk Officer and Corporate Affairs

    Since 2015, Susan Kudzman has been responsible for risk management, credit management, legal affairs, and corporate human resources. Drawing upon 30 years of experience, Susan Kudzman is an actuary and a specialist in the fields of risk management and human resources. She occupied the position of Chief Risk Officer at the Caisse de dépôt et placement du Québec and held a number of senior management positions at prominent organizations. She also serves on the Board of Directors of Transat and Yellow Pages.


    FRANÇOIS LAURIN, FCPA, FCA, CFA

    Executive Vice President, Finance, Treasury, Capital Markets, and Chief Financial Officer

    François Laurin is responsible for the Bank’s activities in the areas of finance, accounting, treasury, taxation, investor relations, mergers and acquisitions, and capital markets. He has held this role since 2015. With 30 years of experience in corporate financing and financial accounting, François Laurin has worked at a number of large organizations operating within the finance, mining and telecommunications sectors.


    DEBORAH ROSE

    President and Chief Executive Officer of B2B Bank, Executive Vice President, Intermediary Banking and Chief Information Officer, Laurentian Bank

    Deborah Rose joined B2B Bank in 2011. In 2015, she was appointed President and Chief Executive Officer of B2B Bank and Chief Information Officer for Laurentian Bank, where she oversees the development and management of information technologies. Prior to joining B2B Bank, Deborah Rose was Senior Vice President, Business Operations at International Financial Data Services. Her career in financial services spans over 20 years.


    STÉPHANE THERRIEN

    Executive Vice President, Personal & Commercial Banking and President and Chief Executive Officer of LBC Financial Services

    Stéphane Therrien has led the Business Services unit since 2012, the year he joined Laurentian Bank.In 2015, he was also appointed to head the Bank’s Retail Services. He is a seasoned manager with almost 30 years of experience in the financing sector. He has previously worked for 18 years at GE Capital where he has successfully occupied various senior management positions including seven years as Chief Commercial Officer, Canada.


  • Policies and Other Related Documents

Social Responsibility

Donation

Laurentian Bank Financial Group has always been actively involved in local communities by way of its donations to non-profit organizations. We participate in socioeconomic life by offering the financial products and services needed by individuals and businesses, as well as by thinking globally and acting locally as a socially responsible corporate citizen.

DONATION PROGRAM

We are committed to corporate responsibility via the donations it makes to a diverse range of organizations active in the communities in which we operate. More specifically, we support initiatives that can generate significant benefits for local communities.

HOW TO SUBMIT A REQUEST FOR A DONATION

Given the large number of requests received daily, only organizations whose requests have been accepted will be contacted.

We encourage you to consult the list of ineligible requests before submitting yours.

Please fill out the request form and submit by e-mail to:
Donation@lbcfg.ca