As part of its new organizational structure, Desjardins Group announced Friday the appointments of two senior executives.

Richard Nadeau is joining Desjardins Group as managing director and vice chairman, Desjardins Securities.

Until recently Nadeau was senior vice president of TMX Group, responsible for managing listed issuers on the Toronto Stock Exchange. He boasts over 20 years of experience in the banking sector, particularly in financing, risk management and capital issues for major corporate and institutional clients.

As part of his new duties, Nadeau will be renewing the Desjardins offer and overseeing business development with these clienteles in support to the business and institutional services executive division. Nadeau will start the new position on August 18.

His appointment is subject to the approval of the Investment Industry Regulatory Organization of Canada and of Desjardins Securities board of directors.

Also, Christiane Bergevin has been appointed to the position of executive vice president, strategic partnerships, office of the president of Desjardins Group. Her duties involve analyzing and carrying out business partnerships, acquisitions or other development projects for Desjardins in Quebec, across Canada or abroad, in support to Desjardins Group’s major business sectors.

Bergevin was senior vice president and general manager, corporate projects at SNC-Lavalin Group. She has held many key positions in that firm, notably as President of SNC-Lavalin Capital. Previously, she worked in real estate and gained international experience at Standard Life and Export Development Canada. Her appointment will be effective as of August 17.

Quebec-based Desjardins Group is the largest cooperative financial group in Canada, and the ninth largest in the world, with overall assets of approximately $160 billion.

IE