Rania Llewellyn named as new CEO and president of Laurentian Bank

Rania Llewellyn named as new CEO and president of Laurentian Bank

Rania Llewellyn named as new CEO and president of Laurentian Bank

Laurentian Bank of Canada has announced the appointment of Rania Llewellyn as its chief executive officer and president, as well as a member of the institution’s board of directors.

The appointment, which made Llewellyn the first woman to lead a major Canadian bank, is effective Oct. 30.

“I am thrilled and honoured to join the Laurentian Bank at this critical juncture in its storied history and want to thank the board for its confidence in me,” said Llewellyn. “I recognize, respect and celebrate the Laurentian Bank’s deep roots and rich history in Quebec and I am committed to always putting our customers first in everything we do. I look forward to working with my new colleagues across Canada and in the US to develop a strategy for long-term growth and success that meets the needs and expectations of all our stakeholders.”

Llewellyn is joining Laurentian Bank after a 26-year career at Scotiabank, where she served in progressively senior roles until her recent departure as executive vice president of global business payments.

“Rania Llewellyn is the right leader to usher in a new era at Laurentian Bank,” said Michelle Savoy, a member of the bank’s board of directors. “She has a proven track record as an energetic, strategic thinker focused on customer experience and tangible results. Following a rigorous search process, we are confident she is the change agent this bank needs to address the headwinds it faces and to establish a foundation for future growth and success.”