National Bank announces changes to senior management

Laurent Ferreira and Denis Girouard will succeed Ricardo Pascoe in his various roles at Montreal-based National Bank of Canada following Pascoe’s retirement, the bank announced on Tuesday.

Ferreira and Girouard, co-heads and executive vice-presidents, financial markets, will take on the bank’s “transformation mandate” and focus on “the bank’s digital transformation and cultural shift” while maintaining their current responsibilities, the bank said in a statement.

Pascoe, chief transformation officer and executive vice-president, will retire after 16 years with National Bank. He joined in 2003 as senior vice-president, treasury and financial markets, and was appointed executive vice-president, financial markets, in 2008. Pascoe became chief transformational officer in 2016.

The changes will take effect Aug. 31.

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