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Wealth Management COO Quits National Bank of Canada
Nick Parmee
20 December 2007
Michel Tremblay, chief operating officer of personal and commercial banking and wealth management, is to leave National Bank of Canada on 18 January 2008, having decided to "pursue his career in another sector of the financial services industry". Louis Vachon, president and chief executive, will head these units on an interim basis. National Bank of Canada undertakes securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management.