New leader has been with the financial services firms for more than 20 years
One of the largest financial institutions in Canada has announced a new chief executive officer will take the helm from September 2025.
Desjardins Group has been searching for a new CEO for some time and has decided that an internal candidate is the right choice to lead the firm in the next chapter of its story, succeeding Guy Cormier who has been in the role since 2016 and with the firm for more than 30 years.
Taking on the top job is a relative newcomer to the firm – joining 22 years ago – is Denis Dubois who has been executive vice-president of Wealth Management and Life and Health Insurance since 2019 and was previously EVP of the Property and Casualty Insurance business.
Having already led three of the five Desjardins business units, Dubois has a wealth of experience in how the firm’s wide-ranging financial services offering operates and recently shared with WP how the whole industry needs to be tracking demographic change to find out where their own growth will come from.
"Denis Dubois is an outstanding leader. His extensive experience and clear, inspiring vision for Desjardins' future puts people first and will give us a renewed push forward," said Louis Babineau, Chair of the Board of Directors. "We're very pleased to have him as president and chief executive officer. We're confident that he'll continue to grow Desjardins and advance our strategic plan, to the benefit of the 7.8 million members and clients we support on their journey to financial empowerment."
Dubois says he is grateful for the backing of the board is appointing him as CEO and paid tribute to the FI’s team.
“The vision I have for Desjardins involves everyone in the organization focused on a sole aim: listening to and supporting our members and clients,” he said. “Each day, I'll be working with a large team of skilled people who are committed to solidarity and determined to give Desjardins a renewed push forward. It's a privilege to follow in Guy Cormier's footsteps, and I'd like to thank him for his immense contribution."
