Press Releases

Appointment of Pierre Fitzgibbon at National Bank

Montreal, 26 May 2005 -

This morning, the members of the Board of Directors confirmed the appointment of Pierre Fitzgibbon as Senior Vice-President – Finance, Technology and Corporate Affairs at National Bank. The appointment is effective July 1, 2005. Mr. Fitzgibbon will be a member of the Executive Committee.

Mr. Fitzgibbon has been Vice-Chairman, Corporate and Investment Banking at National Bank Financial since January 2002. As part of his responsibilities, he coordinated the business development team and carried out corporate financings and merger and acquisition assignments in Quebec. He has held various executive positions in corporate finance, strategy and development within large companies, particularly in the pulp and paper and telecommunications industries. 

Mr. Fitzgibbon is a chartered accountant and a graduate of the École des Hautes Études Commerciales.

Effective July 1, 2005, Michel Labonté, the outgoing Senior Vice-President – Finance, Technology and Corporate Affairs, who will reach mandatory retirement age at the Bank at the end of the year, will be responsible for managing strategic mandates while ensuring a smooth transition for his successor.

About National Bank
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 customers elsewhere in the world. National Bank offers a full array of banking services, including 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 close to $100 billion in assets and, together with its subsidiaries, employs nearly 17,000 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
National Bank of Canada
Tel.: (514) 394-8644