Desjardins Group announces the creation of a new advisory board for the orientation of its Canadian business development



    
        Its purpose is to ensure that all Canadians and their communities
       have accessto quality financial services that are adapted to their
                                   needs.

    MONTREAL, March 31 /CNW Telbec/ - In its pursuit of business development
outside Québec and in order to reinforce the ties that bind it to the Canadian
cooperative movement, Desjardins Group, the largest cooperative financial
group in Canada, today announced the creation of a new advisory board
comprising representatives of Canadian credit unions and caisses populaires.
    This announcement was made today by Alban D'Amours, President and Chief
Executive Officer of Desjardins Group, during the institution's Annual General
Meetings being held at the Palais des congrès de Montréal.
    The purpose of this board is to allow Canadian credit unions and caisses
alike to participate more actively in the definition of their common future.
Its mandate will be to advise and inform Desjardins Group's President and CEO
on matters concerning the orientation of Desjardins' Canadian business
development and the strategies implemented to achieve and maintain that goal.
The members of the board are:

    - Philippe Boissonneault, Chairman of the Board of L'Alliance des caisses
      populaires de l'Ontario
    - Tim Bossence, President and CEO of Credit Union Services Association
      and member of the Board of the Credit Union Central of Ontario
    - Bill Knight, former Commissioner of the Financial Consumer Agency of
      Canada and former President and CEO of the Credit Union Central of
      Canada
    - Robert McVeigh, Vice-Chairman of Credit Union Central of Canada
    - Bob Quart, former President of Vancity
    - Camille Thériault, President and CEO of the Fédération des caisses
      populaires acadiennes

    The following directors of Desjardins Group's Board will also sit on this
advisory board:

    - Sylvie St-Pierre Babin, vice-president of the Council of
      representatives of Abitibi-Témiscamingue-Northern and Western Québec
    - Thomas Blais, president of the Council of representatives Caisses
      populaires de l'Ontario
    - Pierre Tardif, president of the Council of representatives Montréal
      South Shore.
    

    "I heartily welcome these new colleagues and the communities that they
represent. Together we will strive to make financial services cooperatives a
means to ensure that all Canadians and their communities will have access to
quality financial services adapted to their needs", added Mr. D'Amours.
    The creation of this committee is in line with the efforts currently
expended by Desjardins to promote its technological solutions to Canadian
credit unions, and to weave a solid partnership fabric.
    In April 2005, Desjardins announced the signing of a service agreement
with the Alliance des caisses populaires de l'Ontario, which had selected its
computer platform. Desjardins Credit Union, a financial cooperative in Ontario
also selected the Desjardins computer system to accelerate its development.
More recently, the Fédération des caisses populaires acadiennes, in       
New-Brunswick, made the same choice. As of today, a number of Canadian credit
unions have manifested their interest in the technological solutions offered
by Desjardins.

    About Desjardins Group

    Desjardins Group is the largest integrated cooperative financial group in
Canada, with overall assets of more than $135 billion, as at December 31,
2006. It comprises a network of caisses, credit unions and business centres in
Québec and Ontario, and some twenty subsidiary companies in life and general
insurance, securities brokerage, venture capital and asset management, many of
which are active across the country. Drawing on the expertise of its
40,000 employees and the commitment of 7,020 elected officers, Desjardins
offers its 5.8 million individual and corporate members and clients a full
range of financial products and services. Its physical distribution network is
complemented by leading-edge virtual access methods. To find out more, consult
www.desjardins.com.




For further information:

For further information: (for journalists only) André Chapleau,
Director, Information and Media Relations, (514) 281-7229, 1-866-866-7000,
ext. 7229; March 31: Press room at the Palais des congrès de Montréal, (514)
789-3488


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