Press Releases

Michel Sarrazin joins National Bank

Montreal, 10 December 2004 -

National Bank is proud to announce the appointment of Montreal Chief of Police Michel Sarrazin as Senior Manager – Corporate Security, effective April 4, 2005.

Reporting to Olivier Lecat, Senior Vice-President – Internal Audit, Mr. Sarrazin's functions will consist in defining the Bank's strategic orientations with respect to corporate security, developing policies and procedures, and leading a team of professionals specialized in investigations, protecting the Bank's assets and combatting money laundering.  He will oversee the security of the Bank's personnel and premises, investigations and be responsible for the implementation of preventive measures.

A graduate of the National Executive Institute of the Federal Bureau of Investigation,  Mr. Sarrazin joined the ranks of the Montreal Police Department in 1970 and held a number of positions over the years before becoming Chief of Police in September 1998.  Mr. Sarrazin expanded his experience by taking part in a six-month study program with National Bank and was able to apply that experience to the Police Department during its re-organization towards the current neighbourhood policing structure.

About the National Bank of Canada
National Bank of Canada is an integrated group which 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. The 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. The National Bank has assets close to $89 billion and, together with its subsidiaries, employs close to 16,500 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.

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

Denis Dubé
Manager, Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644