National Bank has announced an executive shuffle, with executive vice-president Lucie Blanchet set to retire.Paul Chiasson/The Canadian Press
National Bank of Canada NA-T is making changes to its senior executive ranks with the retirement of Lucie Blanchet as executive vice-president for personal banking and client experience, effective Jan. 1.
The bank says Julie Lévesque, executive vice-president of information technology and operations, will become executive vice-president of personal banking.
Lévesque will also maintain oversight of technology and operations strategy for personal and commercial banking in her new role.
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As part of the changes, National Bank says Nancy Paquet, executive vice-president of wealth management, will now also oversee the bank’s investment distribution network and insurance business, which had been under personal banking.
Meanwhile, Étienne Dubuc, executive vice-president of capital markets, will also be responsible for the National Bank Independent Network, previously under wealth management. He will also oversee technology and operations strategy for capital markets and wealth management.
The bank says Dominic Paradis, executive vice-president and general counsel, will take on additional responsibilities and become executive vice-president and general counsel, enterprise technology and resilience.
Blanchet, who is retiring from her current role after 23 years with the bank, is expected to become a strategic adviser to National Bank chief executive Laurent Ferreira.
“I look forward to continuing to benefit from her experience and counsel on strategic projects,” Ferreira said in a statement.
“I am proud to be able to count on a strong, engaged and innovative leadership team, driving growth and enhanced collaboration across our franchises.”
National Bank completed its acquisition of Canadian Western Bank earlier this year in a move that saw it expand in Western Canada with the addition of CWB’s Alberta and B.C.-focused operations.