LÉVIS, QC, Aug. 19 /CNW Telbec/ - Monique F. Leroux, Chair of the Board,
President and CEO of Desjardins Group, announces the appointment of
Denis Berthiaume to the position of Senior Vice-President and
General Manager, Wealth Management and Life and Health Insurance,
Desjardins Group. Mr. Berthiaume will take up his new position on
September 7 and will succeed Bruno Morin, who will retire on December 31
after 38 years with Desjardins Group.
Mr. Berthiaume has an impressive career path and significant experience
in the field of financial institutions. Before joining Desjardins Group,
he was Senior Vice-President, Retail Markets for a major international
financial institution. This marks a return to Desjardins Group for Mr.
Berthiaume as he previously worked for 10 years with Desjardins
Financial Security, where he quickly moved up the ranks during that
In his new position, Mr. Berthiaume will be responsible for a team at
Desjardins Group of nearly 4,800 people that handles manufacturing life
and health insurance and specialized savings products, the integrated
distribution of these products through the caisse network or through
complementary channels for clients with specialized needs. The team will
also oversee marketing for the sector's activities to support the caisse
network and the back-office services.
"We are lucky to have a high-calibre manager such as Mr. Berthiaume on
our team," Ms. Leroux said. "Throughout his career, Mr. Berthiaume
acquired extensive knowledge of the financial services industry and of
its challenges. His vast experience, notably in the Canadian savings
markets, will allow him to develop the activities of Desjardins Group's
Wealth Management and Life and Health Insurance sector to increase its
major role not only in Québec, but throughout the country."
As Senior Vice-President and General Manager, Wealth Management and Life
and Health Insurance, Mr. Berthiaume will sit on the Desjardins Group
Management Committee. His major challenge will be to increase Desjardins
Group's market share, especially savings for members and clients with
specialized needs, as well as life and health insurance in the caisses,
oversee the evolution of distribution networks through various channels
and support the rollout of an integrated offer to caisses in wealth
management and life and health insurance.
Mr. Berthiaume graduated from Université Laval (Québec City) with a
bachelor of actuarial studies; he is a Fellow of the Canadian Institute
of Actuaries (CIA) and of the Society of Actuaries (SOA).
In addition, Ms. Leroux wishes to pay special tribute to Bruno Morin's
exceptional contribution to Desjardins Group's success. "I wish to
sincerely thank Bruno Morin for everything he accomplished throughout
his illustrious career with our cooperative financial group. The members
of the Board of Directors, his staff, colleagues from the Management
Committee and I will remember Morin as a high-calibre manager who was
always forthright, friendly and entirely devoted to Desjardins Group's
development. I also wish to thank him for accepting to guide his
successor between now and his well-deserved departure at the end of the
Mr. Morin will remain General Manager of Caisse centrale Desjardins
and of Capital Desjardins Inc. and will continue to act as
General Manager of Capital régional et coopératif Desjardins.
He will also continue to sit on the board of directors of some
Desjardins Group components.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in Canada
and the sixth largest in the world, with assets of more than $173
billion. Drawing on the strength of its caisse network in Québec and
Ontario, and its subsidiaries across Canada, it offers a full range of
financial products and services to its 5.8 million members and clients.
Desjardins specializes in Wealth Management and Life and Health
Insurance, in Property and Casualty insurance, in Personal Services, in
Business and Institutional Services. As one of the largest employers in
the country, Desjardins is supported by the skills of its 42,200
employees and the commitment of over 6,200 elected officers. For more
information, visit href="http://www.desjardins.com/">www.desjardins.com.
SOURCE Desjardins Group
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