Stocks in play: Laurentian Bank

Announced two key executive appointments that will support the new strategic direction of the Bank, with a focus on cultivating a “customer-first” culture, driving an agile and innovative mindset and engaging and empowering its employees to work as “One Team”. Karine Abgrall-Teslyk is joining the Bank as Executive Vice President and Head of Personal Banking. This follows the Bank’s announcement last year to split Commercial and Personal Banking into two distinct operating units to better position each for success. 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. Abgrall-Teslyk has 25 years of financial services experience, beginning as a student teller at Laurentian in Montreal. Her experience includes retail distribution, transformation strategy, sales effectiveness, commercial banking and wealth management. Laurentian Bank shares T.LB are trading down $0.08 at $39.95.

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