Monique F. Leroux Becomes First Woman Elected as President and CEO of Desjardins Group

    QUEBEC CITY, March 15 /CNW Telbec/ - In a special meeting held today in
Québec City, 256 representatives of Desjardins Group from across Québec and
from Ontario came together to elect Ms. Monique F. Leroux, currently Senior
Executive Vice-President and Chief Financial Officer of Desjardins Group, to
the office of President and CEO of Desjardins Group with a first four-year
mandate. She will succeed Mr. Alban D'Amours, who has held this position since
March 25, 2000.
    Ms. Leroux will officially take office following Desjardins Group's
Annual General Meeting, which will be held on March 29 in Québec City.
    "I would like to offer my sincerest thanks to the voters who have put
their trust in me, and I congratulate all the candidates who participated in
this democratic process that will contribute to the advancement of our Group,"
stated Ms. Leroux. "I am thrilled and, above all, honoured to be following in
the footsteps of a man who has left a lasting impression on the destiny of
this leading Group of ours."
    Ms. Leroux has served as Chief Financial Officer of Desjardins Group
since August 2004. In this capacity, she sits on the Strategic Management
Structure Committee of Desjardins Group and is mainly responsible for
establishing the financial framework for the entire Group, the setting and
tracking of performance management, as well as the capital structure of
Desjardins Group. She is also an observer on the Board of Directors of the
Fédération des caisses Desjardins du Québec, as well as a delegate to all
subsidiary Boards of Desjardins Group.
    Prior to this appointment, Ms. Leroux served as President of Desjardins
Financial Corporation and Chief Executive Officer of its subsidiaries,
including Desjardins Financial Security (life and health insurance),
Desjardins General Insurance Group (property and casualty insurance),
Desjardins Specialized Financial Services Management (trust services and
investment funds), as well as Desjardins Asset Management, where she also
served as Director.
    Ms. Leroux has been named as one of Canada's Top 100 Most Powerful Women
by the Women's Executive Network of Toronto, as well as one of Canada's Top 25
Women to Watch in 2008 by the Women's Post. She sits on the Board of Directors
of the Société des alcools du Québec, Fiera Capital, Siparex Group (Europe),
HEC Montréal, the Montreal Heart Institute Foundation and the Orchestre
symphonique de Montréal. She was also President of the Ordre des comptables
agréés du Québec and served on the Board of Governors of the Canadian
Institute of Chartered Accountants.

    About Desjardins

    The largest integrated cooperative financial group in Canada, with global
assets of over $144 billion as at December 31, 2007, Desjardins Group consists
of a network of caisses/branches, credit unions and financial centres for
Québec- and Ontario-based companies, as well as about 20 subsidiaries in life
and general insurance, securities, venture capital, and asset management, many
of which are active nationwide. With the skills of its 40,000 employees and
the commitment of more than 6,500 elected officers, Desjardins offers its 5.8
million members and clients-individuals and businesses alike-a full range of
financial products and services. Its physical distribution network is rounded
out by virtual access methods supported by leading-edge technology. For more
information, visit

    NOTE TO PHOTO EDITORS:  A photo accompanying this release is available at, in the newsroom section.

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,; March 15, 2008: Newsroom at Loews Le
Concorde Hotel, (418) 780-5530

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890