MONTREAL, Oct. 28, 2014 /CNW Telbec/ - National Bank's President and Chief Executive Officer, Louis Vachon, has been named Canada's CEO of the Year by Canadian Business magazine. This distinction recognizes Mr. Vachon's achievements as leader of one of the country's largest companies, and spotlights his major contribution to the business community and to Canada's economic and social development.
Canadian Business selects the CEO of the Year based on the recommendations of an advisory panel made up of Canada's most respected business leaders, as well as the performance of the CEO's company. "National Bank's excellent results reflect its strong leadership and the sustained engagement of its employees, year after year. The Bank is well placed to further its growth and to continue proactively meeting its clients' needs. I would like to congratulate Louis Vachon on this well-deserved recognition as Canada's CEO of the Year," said Jean Houde, Chairman of National Bank's Board of Directors.
In recent years, National Bank has undertaken several promising large-scale projects, such as its One client, one bank transformation, the deployment of numerous initiatives intended to provide all clients with a red carpet experience and the targeted expansion of its activities in various markets. The Bank's vitality has allowed it to generate significant benefits for its many partners from coast to coast.
National Bank has also continued to make a key contribution to the economic and social development of Quebec and the rest of Canada, as demonstrated by the numerous accolades it has earned in recent months, including:
- Best Banking Awards in Canada (Ipsos Reid)
- 20 Greenest Banks in the World (Bloomberg Markets)
- Best Canadian Brands (Interbrand)
- Canada's Best Diversity Employers (Mediacorp Canada)
- Best Employers in Canada (Aon Hewitt)
About National Bank of Canada
With $199 billion in assets as at July 31, 2014, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups. The Bank has more than 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE: National Bank of Canada
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