Press Releases

Risk management: An essential tool for seizing business opportunities

Montreal, 19 January 2005 -

Speaking today at the Midis d’affaires business luncheon of the Thérèse-de-Blainville Chambre de commerce et d’industrie, Patricia Curadeau-Grou, Senior Vice-President, Risk Management at National Bank explained that “the challenge in risk management is to identify the processes and operations that reflect and continue to generate the true added value of a company.  It is a fascinating procedure at the very core of a manager’s job and one that enables a company to identify its strengths and weaknesses and determine its greatest assets and best growth opportunities.”

At the seminar on overcoming obstacles and seizing opportunities, Ms. Curadeau-Grou gave business people from the Sainte-Thérèse and Blainville area insight into the fundamental aspects of business risk management and pointed out the importance of identifying and measuring risk exposure.

Senior Vice-President, Risk Management, and a member of National Bank’s Executive Committee since March 2002, Patricia Curadeau-Grou is responsible for strategic risk management at the Bank and its subsidiaries.  She also chairs National Bank’s Credit Committee.

In 2004, Ms. Curadeau-Grou was named one of Canada’s 100 most powerful women by the Toronto-based Women’s Executive Network.

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