Management Changes at Two Desjardins Group Subsidiaries



    Germain Carrière, President and Chief Operating Officer of Desjardins
    Securities, and Louis L. Roquet, President and Chief Operating Officer of
    Desjardins Venture Capital, pass the torch on to their successors.

    LEVIS, QC, June 23 /CNW Telbec/ - Today, Desjardins Group enters the
second phase of its new organizational structure, as was announced by the
Chair of the Board, President and CEO, Ms. Monique F. Leroux, on May 14, 2009.
The appointments announced to Fédération des caisses Desjardins du Québec
(FCDQ) and subsidiary staff concern Vice-President positions reporting to the
members of the new Desjardins Group Management Committee. This new structure
is in line with the Desjardins Group Development Plan launched last fall by
Ms. Leroux, under the theme, Cooperate to shape our destiny.
    Alongside these appointments, the Presidents and COOs of two Desjardins
Group subsidiaries: Germain Carrière of Desjardins Securities and Louis L.
Roquet of Desjardins Venture Capital, have decided that now is the time to
pass the torch on to the next generation and have announced their intentions
to leave their respective positions.

    Desjardins Securities

    Bruno Morin, Senior Vice-President and General Manager, Wealth Management
and Life and Health Insurance, Desjardins Group, which includes Desjardins
Securities operations, announced the appointment of Sylvain Perreault to the
position of Chief Operating and Compliance Officer at Desjardins Securities.
Prior to his appointment, Mr. Perreault held the position of Senior
Vice-President, Chief Administration and Compliance Officer at Desjardins
Securities. He has 20 years' experience in the securities sector.
    Germain Carrière started at Desjardins Securities in 2005, and has met
the objectives he had set for his mandate. He is now eager to try something
new. "I wish my successor every success, and I would especially like to thank
the entire staff for their dedication and support which has enabled Desjardins
Securities to regain its profitability in the first quarter of the year. My
thanks also to the Desjardins Group Management staff for their trust in me
over the past four years," he stated.

    Desjardins Venture Capital

    Meanwhile, Stéphane Achard, Senior Vice-President and General Manager,
Business and Institutional Services, Desjardins Group, announced the
appointment of Ms. Marie-Claude Boisvert to Vice-President, Development
Capital and Business Ownership Transfers. As such, Ms. Boisvert will also
oversee Desjardins Venture Capital operations. Before her appointment, Ms.
Boisvert held the position of Senior Vice-President, Investment and Operations
Office, Desjardins Venture Capital, where she has worked since 1994. She has
more than 20 years' experience in business financing.
    As you may recall, under the new organizational structure, all teams
operating in Desjardins Group's Business Markets sector, including the
Desjardins Venture Capital team, are grouped under the Business and
Institutional Services Executive Division.
    Mr. Roquet was very pleased with Ms. Boisvert's appointment, which fits
in well with the continuity theme for Desjardins Venture Capital. "I am
particularly proud of the initiatives taken by Desjardins Venture Capital and
its team over the past few years toward supporting the economic development of
our regions. The energy and vitality of our entrepreneurs, as well as their
ability to innovate, are truly impressive, and they make me very confident
about Québec's future and its and economic growth," he adds.
    On behalf of all the Board members, Ms. Monique F. Leroux stressed the
quality of Mr. Carrière and Mr. Roquet's work and their contributions to the
overall success of Desjardins Group. "These two experienced managers have
brought so much to the organization over the past five years by allowing
Desjardins Group to grow in the fields of both securities and venture capital,
and for this I would like to thank them," she acknowledged.
    At the same time, she wished the two newly-appointed managers every
success. "I am very pleased with the appointments of Ms. Boisvert and Mr.
Perreault. I am convinced that we will benefit from their extensive
experience, which should ensure our growth and development in these two
strategic markets, in which Desjardins holds an increasingly significant
presence," she added.

    About Desjardins Group

    Desjardins Group is the largest cooperative financial group in Canada,
and the eighth largest in the world, with overall assets of approximately $160
billion. Drawing on the strength of its caisse network in Québec and Ontario,
as well as its subsidiaries, several of which are active throughout Canada,
Desjardins offers a full range of financial products and services to its 5.8
million individual and business members and clients. Desjardins Group is also
home to a wealth of expertise in property and casualty insurance, life and
health insurance, wealth management, services for businesses of all sizes,
securities brokerage, venture capital, asset management and secure
leading-edge virtual access methods, all part of an integrated offer that is
the only one of its kind in Canada. One of the largest employers in the
country, Desjardins is backed by the knowledge and skills of its 42,000
employees and the commitment of its 6,300 elected officers. To find out more,
consult www.desjardins.com.




For further information:

For further information: for journalists only: André Chapleau,
Information and Media Relations Director, (514) 281-7229, 1-866-866-7000,
ext.7229, andre.chapleau@desjardins.com


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