National Bank Again Named One of Canada’s Best Diversity Employers

Montreal, 21 February 2012 - 

National Bank is proud to have made the list of Canada’s Best Diversity Employers, as chosen by Mediacorp Canada Inc., which recognizes 50 Canadian employers who have developed exceptional inclusiveness programs for employees from five major groups: women; members of visible minorities; persons with disabilities; aboriginal peoples; and lesbian, gay, bisexual and transgender/transsexual people (LGBT).

“At National Bank, promoting diversity is part of our day-to-day reality, and has been for many years. In fact, some of our programs that promote inclusiveness were created over 20 years ago. Since then, the Bank has maintained an inclusive work environment by adapting its human resource practices and by developing, year after year, new initiatives that target diversity,” stated Lynn Jeanniot, Executive Vice-President of Human Resources and Corporate Affairs at National Bank.

The following are some of the initiatives that have contributed to making National Bank one of Canada’s Best Diversity Employers:

Recruitment
Several attraction programs are already in place and enable the Bank to demonstrate its commitment to diversity through its hiring strategies. Its ongoing efforts continue to result in innovative approaches. For example, a mentoring program was implemented last year to facilitate the integration of new immigrants into the job market through a partnership with ALLIES (Assisting Local Leaders with Immigrant Employment Strategies).

Dialogue and exchanges
Open dialogue is central to the Bank’s corporate culture, and managers have made it one of their core values. It is one of the conditions needed to ensure that employees will reach their full potential. In 2011, the Bank held a consultation with its employees who are members of the LGBT community to better understand their situation in the workplace. An action plan was then created to implement solutions for some of the problems identified.

Leadership
National Bank also put its expertise in diversity to good use by helping the Comité d’adaptation à la main-d’œuvre draft a new guide on managing diversity and the opportunities it represents (La gestion de la diversité, une opportunité à saisir !). The Comité is an organization dedicated to fostering access to training and jobs for persons with disabilities. The purpose of the guide is to help companies adopt a policy for hiring persons with disabilities and is being used as a reference by a growing number of leading employers.

National Bank being designated Best Diversity Employer is one of many distinctions received over the past few months. Last October, the Bank was named one of the Best Employers in Canada and, more recently, was listed among the Top Employers in the Greater Toronto Area, one of Montreal’s Top Employers as well as one of the Best Employers in Quebec.

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. As at October 31, 2011, National Bank has over CDN$156 billion in assets in accordance with Canadian GAAP and, together with its subsidiaries, employs more than 19,000 people. The Bank’s securities are listed on the Toronto Stock Exchange (TSX: NA). For more information, visit the Bank’s website at
www.nbc.ca. To access National Bank of Canada’s financial literacy portal, visit www.clearfacts.ca
.

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

Joan Beauchamp
Senior Advisor, Public Affairs
National Bank
Tel.: 514-394-6500