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Canada's Laurentian Bank names insider Eric Provost as CEO

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Provost, who has been with the country's ninth-largest lender for over a decade, replaces Rania Llewellyn, effective immediately. Laurentian also announced the appointment of Michael Boychuk as chair of the board, replacing Michael Mueller. Last month, the lender said Provost would take on an expanded position as group head of personal and commercial banking as it dropped its M&A plan following a strategic review.

- Canada's Laurentian Bank on Monday named insider Eric Provost as CEO, weeks after announcing it would simplify its organizational structure following its failure to find a buyer during a strategic review.

Last month, the lender said Provost would take on an expanded position as group head of personal and commercial banking as it dropped its M&A plan following a strategic review. Becoming a millionaire is a dream for many, and the path to getting there takes discipline and patience, especially when coupled with sticky inflation and soaring rates. Money Expert Jaspreet...

 

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Laurentian Bank CEO Llewellyn to Depart as Provost Takes HelmLaurentian Bank of Canada said Chief Executive Officer Rania Llewellyn will leave the company immediately and will be replaced by personal and commercial banking chief Eric Provost.
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