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Laurentian Bank names Rania Llewellyn CEO, first woman to hold top job

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Rania Llewellyn takes on Laurentian bank as new CEO. A move that the bank says makes her the first woman hold the top job at a major Canadian lender.

Born in Kuwait, Rania immigrated to Canada in 1992. She comes to the top job at Montreal-based lender Laurentian after a 26-year career at Scotiabank, where she started as a teller before moving up to a series of managerial and executive roles, most recently the executive vice-president of global business payments.

“Rania Llewellyn is the right leader to usher in a new era at Laurentian Bank,” board member Michelle Savoy said in a release. “She has a proven track record as an energetic, strategic thinker focused on customer experience and tangible results. Following a rigorous search process, we are confident she is the change agent this bank needs to address the headwinds it faces and to establish a foundation for future growth and success,” said Savoy, who headed up the search process for a new CEO.

In a release, Llewellyn said she was “thrilled and honoured” to join the bank and added that she is “committed to always putting our customers first in everything we do. I look forward to working with my new colleagues across Canada and in the U.S. to develop a strategy for long-term growth and success that meets the needs and expectations of all our stakeholders.”

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