Home Breadcrumb caret Industry News Breadcrumb caret Industry Laurentian CEO Francois Desjardins to step down and retire in June Francois Desjardins has been with the bank for 29 years By The Canadian Press | June 15, 2020 | Last updated on June 15, 2020 1 min read © Rancz Andrei / 123rf Stockphoto Laurentian Bank Financial Group says its president and chief executive is stepping down from the bank and retiring. The Montreal-based bank says Francois Desjardins will resign from his roles and depart on June 30, 2020. Desjardins spent 29 years at the bank and holds a director role, which he will also leave behind when he retires. The bank says Stephane Therrien will step in as interim president and chief executive and serve as a director of Laurentian. Therrien has spent 30 years in the financial sector and is currently its executive vice-president of personal and commercial banking and the president and chief executive of Laurentian Bank of Canada’s financial services. The bank’s board of directors has established a special committee to immediately begin the search to replace Desjardins on a permanent basis. The Canadian Press The Canadian Press is a national news agency headquartered in Toronto and founded in 1917. Save Stroke 1 Print Group 8 Share LI logo