Luc Vallée Appointed Chief Strategist at Laurentian Bank Securities

MONTREAL, Sept. 3, 2014 /CNW Telbec/ - Mr. Michel Trudeau, President and Chief Executive Officer of Laurentian Bank Securities (LBS), is pleased to announce the appointment of Mr. Luc Vallée as Chief Strategist.

Mr. Vallée possesses extensive experience in finance, as well as in international and national market economics in both the private and public sectors. A seasoned manager, he has worked at the Economic Development Agency of Canada and at the Caisse de dépôt et placement du Québec as Chief Economist. He has also held the position of Assistant Treasurer at Canadian National Railway. Mr. Vallée's seven years of experience as a professor at École des Hautes Études Commerciales have made him an excellent communicator and expert speaker. He holds a Master's degree in Economics from Université de Montréal, as well as a PhD in Economics from the Massachusetts Institute of Technology.

Mr. Vallée's principal role at LBS will be to recommend effective portfolio positioning strategies concerning asset distribution and the selection of global stock markets, regions, sectors and fixed income credits. He will also be responsible for Laurentian Bank Securities' economic research sector, which remains under the direction of Assistant Chief Economist, Sébastien Lavoie.

About Laurentian Bank Securities

Laurentian Bank Securities is an integrated, full-service investment broker encompassing four fundamental business lines. Its Institutional Fixed Income division has a solid presence throughout Canada and is actively involved in government and corporate underwriting financing, as well as in secondary markets. For its part, LBS' Institutional Equity division provides clients with research, negotiation and corporate financing services within the small cap sector. Operating 16 offices in Québec, Ontario and Manitoba, its Retail Brokerage Services division continues to grow rapidly, and in its role as a carrier broker, LBS also provides a full range of back-office support services to a diverse clientele.

SOURCE Laurentian Bank Securities