Laurentian Bank Announces New Chief Facts Know-how Officer

MONTREAL, July 19, 2021 (World NEWSWIRE) — Laurentian Bank of Canada (TSX: LB) (the “Laurentian Bank”, the “Bank”) announces the appointment of Beel Yaqub as Govt Vice President and Chief Details Technologies Officer (CITO), effective July 12, 2021. As a member of the govt leadership workforce, Beel will assist guidance the new strategic path of the Bank, which focuses on cultivating a purchaser-very first culture, driving an agile and impressive way of thinking and participating and empowering its workforce to work as One Workforce.

As Main Data Technologies Officer, Beel will oversee the modernization of the Bank’s IT techniques and will oversee Laurentian Financial institutions community infrastructure, cyber protection, information privacy and administration, software engineering, cloud enablement and IT vendor administration. He will also directly lead to the Bank’s ongoing strategic evaluate.

“I am really pleased to announce Beel Yaqub’s appointment in this significant role as Laurentian Bank’s new Chief Facts Technology Officer. With the acceleration of digitization, modifying customer requirements and velocity of transform, Beel will deliver new suggestions, perspective and techniques as we drive to become a much more agile and digitally enabled Lender.”

– Rania Llewellyn, President and Main Government Officer

Prior to becoming a member of Laurentian Financial institution, Beel served as Chief Data Officer and Senior Vice President at Royal Bank of Canada. He delivers much more than 20 years of encounter and final results, leading transformational modify and driving functionality throughout many technological innovation and enterprise disciplines, which includes approximately 15 many years at big Canadian Banks. He holds an MBA from the Richard Ivey University of Business.

About Laurentian Lender Fiscal Group
Started in 1846, Laurentian Lender Economical Team is a diversified economical solutions company whose mission is to support its prospects strengthen their monetary overall health. The Laurentian Financial institution of Canada and its entities are collectively referred to as Laurentian Financial institution Economic Team (the “Group” or the “Bank”).

With a lot more than 2,900 staff guided by the values of proximity, simplicity and honesty, the Group supplies a wide selection of information-based remedies and companies to its personal, organization and institutional prospects. With pan-Canadian things to do and a presence in the U.S., the Team is an vital player in many current market segments.

The Group has $44.6 billion in stability sheet assets and $30.9 billion in belongings under administration.


Jonathan Abecassis
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