Desjardins-Laurentian Financial Corporation has appointed Monique Leroux as the firm’s new president. Leroux also becomes CEO of the company’s subsidiaries. She will assume her new duties on August 6.

Leroux will be responsible for developing the activities of Desjardins subsidiaries in the areas of life and health insurance, general insurance, trust services, institutional portfolio management and asset management, and integrating them with the activities in the Caisse network. She will also be actively involved in accelerating the development of Desjardins outside Québec.

According to the company, Leroux will report directly to the president and CEO of the Mouvement Desjardins. She will sit on the planning and strategic development committee for the Mouvement Desjardins, will be a member of the management committee for the Fédération des caisses Desjardins du Québec, the management committees of each of the DLFC subsidiaries and the management committee of Desjardins.

Leroux is currently senior executive vice president and COO at Quebecor Inc. She previously held the position of senior vice president, Quebec headquarters, Royal Bank, where she was responsible for all the activities and operations of the bank in Quebec and, more specifically, for managing the Personal Financial Services and Business Banking sectors.

Lerous is a graduate of the Université du Québec (BAA), a chartered accountant and a chartered management accountant. She sits on the Board of Trade of Metropolitan Montreal and on the boards of several non-profit organizations.

“Ms. Leroux’s appointment has great strategic importance for the future of our cooperative movement. She will be key to achieving one of the main thrusts of our development — the improved integration of the subsidiaries and the Caisses,” said Alban D’Amours, president and CEO of the Mouvement des caisses Desjardins.