Laurentian Bank Monday unveiled changes to its executive suite following the decision of Bernard Piché to retire from his position as senior executive vice president, treasury, capital markets and brokerage

Piché will be leaving the bank in December upon completion of the transition.

Piché has been with Laurentian Bank for the past 16 years. During this time, he held several roles within the organization, including co-chief operating officer and chief financial officer of B2B Trust as well as president and CEO of Laurentian Bank Securities.

“I wish to extend a heartfelt thanks to Bernard for his many years of dedication to Laurentian Bank,” said Réjean Robitaille, President and CEO of Laurentian Bank, in a release. “His vast knowledge in the fields of banking, finance and economics has been extremely valuable for the organization.”

Certain changes will be brought to the organization Piché’s leaving, the bank said.

The Corporate Treasury department will now be led by Michel Lauzon, executive vice president and CFO.

Capital Markets activities will be under the direction of Michel Trudeau, president and CEO of Laurentian Bank Securities.

The Chief Risk Officer as well as his team will now report to Lorraine Pilon, executive vice president, corporate affairs and secretary.

Paul Hurtubise, senior vice president, will take over direction of commercial and real estate financing in its entirety.

IE