National Bank honoured for excellence in corporate governance
National Bank has earned the 2004 Korn/Ferry-Revue Commerce Award for excellence in corporate governance in the Large Company category. This award recognizes companies that stand out for the quality of the governance practices espoused by their board of directors.
“Implementing strict governance standards that meet and even exceed what is expected of our financial institution is a priority for the Bank’s directors,” explained Jean Douville, Chairman of the Board. “We firmly believe that the Bank’s rigorous corporate governance practices not only ensure the achievement of corporate objectives, but also strengthen our relations with the community, our employees and our shareholders. We are extremely proud of this award which is a tribute to the outstanding work of our Board of Directors,” Mr. Douville concluded.
The Korn/Ferry-Revue Commerce awards are given to companies that have put in place rules and practices that go beyond what is required by existing standards. This honour recognizes the Bank’s resolve to give corporate governance a strategic dimension and make corporate governance a vital part of its corporate culture.
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.)
Manager, Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644