National Bank Announces Julie Payette Is Stepping Down From its Board of Directors

MONTREAL, July 13, 2017 /CNW Telbec/ - Further to her appointment as Canada's next Governor General, Julie Payette will be stepping down from her duties on National Bank's Board of Directors on October 1, 2017.

"On behalf of National Bank and its Board of Directors, I'd like to congratulate Julie on her appointment. We're proud to see her appointed as Canada's next Governor General. I'd also like to thank her for her commitment and contribution to our organization these past few years," stated Jean Houde, Chairman of the Board of Directors.

"Thanks to her strengths in the area of technology and social responsibility, as well as her approach to risk management, Julie Payette has helped the Bank on many levels. I offer her my sincere congratulations," added Louis Vachon, President and Chief Executive Officer.

Julie Payette has served on National Bank's Board of Directors since 2014 and is currently a member of the Human Resources Committee and Conduct Review and Corporate Governance Committee.

About National Bank of Canada
With $239 billion in assets as at April 30, 2017, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. The Bank has more than 21,000 employees and is widely recognized as a top employer. The Bank's securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at or via social media such as Facebook, LinkedIn and Twitter


SOURCE National Bank of Canada

For further information: Claude Breton, Vice-President - Public Affairs, National Bank, Tel.: 514-394-8644


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