Laurentian Financial institution Announces New Chief Information Technological know-how

MONTREAL, July 19, 2021 (Globe NEWSWIRE) — Laurentian Lender of Canada (TSX: LB) (the “Laurentian Bank”, the “Bank”) announces the appointment of Beel Yaqub as Government Vice President and Chief Facts Technological innovation Officer (CITO), productive July 12, 2021. As a member of the govt management group, Beel will assistance aid the new strategic course of the Lender, which focuses on cultivating a purchaser-1st lifestyle, driving an agile and impressive attitude and partaking and empowering its employees to operate as One Crew.

As Main Data Technological know-how Officer, Beel will oversee the modernization of the Bank’s IT systems and will oversee Laurentian Banks network infrastructure, cyber security, knowledge privacy and management, application engineering, cloud enablement and IT seller management. He will also right add to the Bank’s ongoing strategic evaluation.

“I am pretty happy to announce Beel Yaqub’s appointment in this significant part as Laurentian Bank’s new Main Information Technology Officer. With the acceleration of digitization, switching buyer needs and pace of change, Beel will bring new ideas, perspective and procedures as we generate to become a far more agile and digitally enabled Financial institution.”

– Rania Llewellyn, President and Main Govt Officer

Prior to joining Laurentian Lender, Beel served as Main Data Officer and Senior Vice President at Royal Lender of Canada. He delivers much more than 20 a long time of practical experience and final results, top transformational adjust and driving overall performance throughout numerous technological innovation and business disciplines, including almost 15 many years at main Canadian Banking companies. He retains an MBA from the Richard Ivey University of Organization.

About Laurentian Bank Economic Group
Launched in 1846, Laurentian Lender Money Team is a diversified economic providers company whose mission is to help its clients increase their money wellbeing. The Laurentian Lender of Canada and its entities are collectively referred to as Laurentian Financial institution Economical Team (the “Group” or the “Bank”).

With much more than 2,900 workforce guided by the values of proximity, simplicity and honesty, the Group delivers a wide vary of advice-centered alternatives and expert services to its own, enterprise and institutional clients. With pan-Canadian functions and a presence in the U.S., the Team is an significant player in various marketplace segments.

The Team has $44.6 billion in stability sheet assets and $30.9 billion in property below administration. 


Jonathan Abecassis
[email protected]