La Capitale announces the retirement of Constance Lemieux

She will be succeeded by Christian Fournier

December 8, 2017 – Jean St-Gelais, Chairman of the Board and Chief Executive Officer of La Capitale Insurance and Financial Group, has announced that Constance Lemieux, President and Chief Operating Officer of its Property and Casualty insurance sector, has informed him of her decision to retire on February 24, 2018 after more than 10 years of service with the company. Christian Fournier, the current Vice-President of Claims at La Capitale General Insurance, has been appointed to succeed her as president of that business sector.

Ms. Lemieux joined La Capitale in 2008 as Vice-President, Development of New Financial Sectors and Organizational Effectiveness. She was appointed President of La Capitale General Insurance in 2010.

“Through her vision and leadership, our general insurance sector has posted solid results and sustained growth over the years, recording nearly $1 billion in premium volume in 2017, declared Jean St-Gelais. We offer Ms. Lemieux our sincere thanks for the invaluable contribution she has made to our company’s growth and development, and wish her much happiness and satisfaction in her future endeavours.”

Ms. Lemieux has always, throughout her career, been very active professionally and socially. Among other things, she has and will continue to serve on various boards, in addition to being involved in coaching. Ms. Lemieux is a Laval University and McGill Executive Institute graduate and a certified corporate director.

Appointment of Christian Fournier

Christian Fournier will take up his new duties on February 26, 2018. Mr. Fournier, who is a Laval University graduate and a Fellow of the Canadian Institute of Actuaries and the Casualty Actuarial Society, has held a number of strategic positions in the property and casualty insurance industry in Quebec and other parts of Canada. He joined La Capitale General Insurance in 2011 and was appointed to his current position in 2013.

“The solid business savvy Christian Fournier has built in 20+ years of experience, together with his innovative flair, strategic mindset and accountability-oriented leadership, have proven to be vectors of success since his arrival at La Capitale, said Jean St-Gelais. These same qualities will undoubtedly stand Christian in good stead as he moves with confidence to meet the challenges that await him in his new position, and our general insurance sector will continue to distinguish itself by its spirit of innovation and by the quality of its products and customer service.”

About La Capitale

La Capitale Insurance and Financial Group, created in 1940, has a strong presence across Quebec and throughout Canada. With over 2,680 employees and guided by the values of mutualism on which it was founded, La Capitale works with clients to build, protect and value what they feel counts for their financial security. It offers insurance products and financial services to the general public as well as to Quebec public service employees. With assets of $6.4 billion, La Capitale occupies a choice position among leading insurers in Canada.

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