National Bank Financial Group appoints Luc Bertrand as Vice-Chairman

Montreal, 11 January 2011 - 

National Bank Financial Group is pleased to announce the appointment of Luc Bertrand to the newly created position of Vice-Chairman. Mr. Bertrand, who will join the Bank on February 7, will report to Louis Vachon, President and Chief Executive Officer.

“Luc Bertrand is well respected in the business community having, among other things, consolidated Canada’s international standing in the derivatives market when he was with Montreal Exchange Inc., thereby enabling businesses and individuals to expand the scope of their financial strategies to promote growth. I am confident that Mr. Bertrand will make a tremendous contribution to the Financial Group’s development,” stated Louis Vachon.

Mr. Bertrand will be responsible for developing and maintaining relations with corporate, institutional and government clients in Canada. In that regard, he will maximize the Financial Group’s service offering in line with client needs as well as the advisory expertise required of all business and support sectors. He will also act as a strategic advisor to management, particularly on matters pertaining to government relations and derivatives regulations.

During his career, Luc Bertrand has held various management positions in the financial industry, including most recently that of President and Chief Executive Officer of Montreal Exchange Inc. (2000 to 2009). He has also served on several boards of directors and industry committees and, from 1998 to 2000, held a senior position at National Bank Financial Group.

About National Bank of Canada
National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $145 billion in assets and, together with its subsidiaries, employs 18,322 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca. To access National Bank Financial Group’s financial education portal, visit www.clearfacts.ca.

Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):

Claude Breton
Senior Manager – Public Affairs
National Bank Financial Group
Tel.: 514-394-8644