Laurentian Bank of Canada
TSX : LB

Laurentian Bank of Canada

October 31, 2017 17:03 ET

Mr. David Morris has Been Appointed to the Board of Directors of Laurentian Bank

MONTREAL, QUEBEC--(Marketwired - Oct. 31, 2017) - Ms. Isabelle Courville, Chair of the Board of Directors of Laurentian Bank (TSX:LB), is pleased to announce the appointment of Mr. David Morris as Director.

Mr. Morris' extensive professional experience combined with his comprehensive knowledge of financial disclosure and accounting will contribute to the expertise and depth of the Board of Directors of the Bank.

Mr. Morris has worked for more than 40 years in the field of consulting at Deloitte. As a senior partner, he oversaw the external audit of several large public companies, particularly in the financial services sector.

Mr. Morris will sit on the audit committee of the Bank.

About Laurentian Bank

Laurentian Bank of Canada is a financial institution whose activities extend mainly across Canada. Founded in 1846, its mission is to help customers improve their financial health and it is guided by values of proximity, simplicity and honesty.

The Bank serves one and a half million clients throughout the country and employs more than 3,500 individuals, which makes it a major player in numerous market segments. The Bank caters to the needs of retail clients via its branch network based in Quebec. The Bank also stands out for its know-how among small and medium-sized enterprises and real estate developers owing to its specialized teams across Canada. Its subsidiary B2B Bank is, for its part, one of the major Canadian leaders in providing banking products and services and investment accounts through financial advisors and brokers. Laurentian Bank Securities offers integrated brokerage services to a clientele of institutional and retail investors.

The Bank has more than $45 billion in balance sheet assets and more than $31 billion in assets under administration.

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