Briefly: “Laurentian Bank exec honoured” and more news

Luc Bernard, executive vice-president of retail and SME (small and midsize enterprise) financial services at Laurentian Bank, has received the Université du Québec à Montréal (Uqàm) ESG Network Performance Award in the Manager category.

This prize recognizes and rewards the exceptional expertise, commitment and contribution of graduates of Uqàm’s École des sciences de la gestion in the business milieu. The award was presented to Bernard at the 20th annual Performance Award Benefit Gala, held November 16.

“With his wealth and diversity of experience, Luc is a seasoned manager, a visionary, and a remarkable leader,” said Réjean Robitaille, president and CEO of Laurentian Bank. “This distinction clearly acknowledges the value of his dynamism. Luc literally transformed the in-branch banking experience, thus contributing significantly to the advancement that Laurentian Bank has enjoyed over the past few years.”

In his role, Bernard is responsible for the bank’s entire retail services branch network, as well as for the services offered to small and medium-sized enterprises in Québec. He joined Laurentian Bank in 2001 as senior vice-president of marketing and product management and was named executive vice-president of retail financial services in 2005. He has also been a member of the bank’s management committee since 2006, serving as one of the organization’s principal strategists.

SEI Canada hires RBC Dexia

SEI Canada has appointed RBC Dexia Investor Services to provide shareholder recordkeeping services for SEI’s nineteen portfolio programs and thirty-one mutual funds in Canada, representing over C$9 billion in client assets.

“RBC Dexia’s consultative approach along with their dedication to service excellence was apparent in every step of this competitive selection process,” said James Morris, senior vice-president, for SEI Global Wealth Services in Canada. “We believe RBC Dexia will be a solid business partner that shares our commitment to innovation.”

– Staff

Citigroup Fund Services outsources IT

Citigroup Fund Services Canada has announced an agreement with Larsen & Toubro Infotech to be its exclusive provider of transfer agency technology services in Canada. As part of the agreement, L&T Infotech has agreed to purchase CFSC’s existing IT outsourcing business.

The transaction is expected to close later this year.

“Today’s agreement with a provider of L&T Infotech’s calibre will enable us to focus on our core strengths as we continue to grow our securities and fund services business in Canada,” said John Landry, head of Citi’s global transaction services business in Canada.

“Citi and L&T Infotech have a global relationship and L&T Infotech’s focus on technology development will ensure our technology platform remains world-class. CFSC has built its reputation around providing the highest level of service. In providing technology services to us, we look forward to similarly benefiting from L&T Infotech’s reputation for excellence.”

(11/18/10)