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Laurentian Bank of Canada (TSX:LBT) appoints new CFO and Executive VP
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  • Karine Abgrall-Teslyk is joining the bank as Executive Vice President and Head of Personal Banking
  • Karine has 25 years of financial services experience and holds a Bachelor of Commerce and MBA from HEC Montreal
  • Éric Provost has been appointed to the newly created role of President, Quebec Market
  • Éric will serve as the CEO’s key lieutenant in the Quebec market
  • Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health
  • Laurentian Bank (LB) is down 0.075 per cent, trading at C$40.00 at 9:31 am ET.

Laurentian Bank (LB) has announced two key executive appointments.

Karine Abgrall-Teslyk is joining the bank as Executive Vice President and Head of Personal Banking. In this new role, Abgrall-Teslyk will lead Laurentian’s “One Team” approach to personal banking, which includes the Quebec branch network, Digital Banking and B2B Bank.

Karine has 25 years of financial services experience, including retail distribution, transformation strategy, sales effectiveness, commercial banking and wealth management.

Prior to joining Laurentian Bank, Karine served as a Regional Vice President at Scotiabank, leading one of its largest workforces to gain among the highest regional market share growth in 2020. She also grew Scotia iTRADE’s digital business by implementing a customer-focused culture and agile mindset, and previously served as District Vice President for the Quebec & Eastern Ontario Region.

Karine holds a Bachelor of Commerce and MBA from HEC Montreal.

“We are extremely fortunate to be drawing tremendous talent in the executive ranks and across the entire team at Laurentian. Karine’s breadth of experience and impressive track record will help drive our customer-first strategy by focusing on customer-centricity, simplifying end-to-end processes, and truly owning the customer experience,” said Rania Llewellyn, President & CEO.

Éric Provost has been appointed to the newly created role of President, Quebec Market. Éric will serve as the CEO’s key lieutenant in the Quebec market and will advise the CEO on ways to further grow the Bank’s presence and market share in Quebec. In addition to this new role, Éric will maintain his current responsibilities as Executive Vice President and Head of Commercial Banking.

“Éric is uniquely qualified to take on the new role of President, Quebec Market. He has a deep understanding of the history and roots of the Bank. He is a proven leader and I have faith that he will continue to skillfully manage our commercial banking business, which has a unique value proposition and strong growth prospects in Quebec, across Canada and in the U.S.,” said Llewellyn.

Karine's appointment is effective April 12, 2021, and Éric's additional responsibilities are effective April 1, 2021.

Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health.

Laurentian Bank (LB) is down 0.075 per cent, trading at C$40.00 at 9:31 am ET.

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