MONTREAL, Feb. 6, 2013 /CNW Telbec/ - Finance et Investissement has named Louis Vachon, President and Chief Executive Officer of National Bank of Canada, as "2012 Financial Personality of the Year". He ranked first in the 2012 list of the Top 25 personalities in the financial industry in Québec.
The awards jury acknowledges Louis Vachon's contribution to the economic development of Québec. In 2012, Vachon played a key role in the acquisition, by Maple Group, of TMX Group, which operates the Montreal and Toronto stock exchanges. National Bank is part of the acquiring entity that comprises a total of 12 Canadian financial institutions and pension funds.
In addition, National Bank doubled its net profits between the 2008 and 2012 fiscal years. In fact, the institution's sales reached a record level last year.
The son of an entrepreneur from the Beauce region, Vachon intends to bring the issue of entrepreneurial succession to the forefront. In the February issue of Finance et Investissement, Vachon states: "We have estimated that 40% of our commercial clients will transfer ownership of their company within the next ten years".
Second and third places are occupied by Monique F. Leroux, President and Chief Executive Officer of Desjardins Group, and by Jean-Guy Desjardins, Chairman of the Board, Chief Executive Officer, and Chief Investment Officer of Fiera Capital, respectively.
A representative of the new generation of leaders in the Québec financial industry, François Desjardins, President and Chief Executive Officer of B2B Bank, took fourth position, while Luc Bertrand, Vice-Chairman of National Bank Financial Group and a member of the Board of Directors of TMX Group, ranked fifth.
To see the complete list of our Top 25 nominees and to learn more about them, please visit our website (in French): www.finance-investissement.com/templedelarenommee.
The Top 25 nominees were selected by a jury that comprises seven prominent individuals in the Québec financial industry: Bernard Dorval, Company Director; Danielle Ferron, Vice-President, Association des femmes en finance du Québec (AFFQ), and Partner, Lawyer at Langlois Kronström Desjardins; François Joly, Director and 2005 Financial Personality of the Year; Richard Joly, President of Leaders International; Christian Benoit-Lapointe, Editor-in-Chief, Finance et Investissement; Sylvain Bédard, Publisher, Finance et Investissement; and Jean-Paul Gagné, Publisher Emeritus, Les Affaires.
A tribute to two advisors
Finance et Investissement also acknowledged the outstanding work and commitment of two advisors who are active in the Québec financial industry.
Charline Gilbert, Portfolio Manager with Groupe Bouchard Gilbert, received the Advisor Emeritus Award, crowning a career in the financial services industry that has spanned nearly three decades. A Ph.D. in Finance, Gilbert provides private management services for a clientele that is dispersed throughout Québec, France and the United States. A committed businesswoman, she also serves as Chairman of the Board for the Fondation de l'Université Laval.
François Langlois, Investment Advisor at Manulife Investments, received the Advisor Most Involved In His Community Award. In recent years, Langlois, who is passionate about mountain climbing, has conquered the highest peaks on each of the seven continents, raising close to $5 million, to the benefit of charities for sick children.
The awards were presented during the 2012 Financial Personality of the Year evening, which was held at the Club Saint-James in Montreal on Feb. 5, 2013.
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SOURCE: FINANCE ET INVESTISSEMENT
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