Bob Normand, president and CEO, ATB Financial today announced his decision to retire in June 2007.

“I have had a long and rewarding banking career,” said Normand, in a news release. “By far, the most satisfying part of my career is the nine plus years at ATB Financial. We’ve got the best associates, all across this great province, who are absolutely focused on taking care of our customers and we’ve got the success to prove it!”

“Bob Normand has been an outstanding leader for ATB Financial,” said Bob Splane, chairman of the board, ATB Financial. “He joined this great organization in 1997 and became our company’s second President in 2001. With almost 40 years of banking experience, Bob had the needed knowledge and leadership skills to take ATB to the next level,” says Splane. “The result; today we are a $20 billion financial services organization that continues to be exclusively focused on serving the financial needs of Albertans.”

Normand plans to remain as president and CEO until his successor is chosen. An executive search is underway.

“I look forward to working with the Board to ensure a smooth leadership transition and I will continue in my role as President and CEO until my successor is selected. In the meantime, it will be business as usual,” says Bob Normand.

ATB Financial is the largest Alberta-based financial institution with assets and funds under management of more than $20 billion.