RAL RAYMOND has been President and Chief Executive Officer of National
Bank of Canada since March 2002. He is responsible for the strategies,
orientations and development of the bank and its subsidiaries. In this
capacity, he is supported by an executive committee comprised of eight
of the bank’s most senior officers. Prior to this appointment, Mr.
Raymond held the position of President and Chief Operating Officer. Mr.
Raymond has worked at National Bank since 1970. In 1977, at the age of
only 27, he became one of the youngest branch managers of the Montreal-
based institution, before joining the Corporate Banking division in the
mid-1980s. This marked the beginning of a rapid rise through the bank.
In 1987, Mr. Raymond was promoted to Senior Manager ‘ Corporate Banking,
Eastern Canada, a position he held until 1989, when he was appointed
Vice President of that sector. In 1991, he became Senior Vice-President
‘ Real Estate and Corporate Banking for all of Canada, after which his
career moved more toward financial markets. In 1992, Mr. Raymond was
appointed Senior Vice President ‘ Treasury and Financial Markets, and in
1997 he joined the ranks of Lvesque Beaubien Geoffrion, the leading
Quebec securities broker (which has since become National Bank
Financial), as Senior Executive Vice President. In the fall of 1999, he
was appointed President ‘ Personal and Commercial Bank, in which
position he was responsible for the bank’s day-to-day operations. He
continued in this capacity until his appointment as President and Chief
Operating Officer in July 2001. In addition to his professional
activities, Mr. Raymond is actively involved in a number of well-known
Quebec institutions. He chairs the major development campaign at the
Universit du Qubec Montral, which began in 2002 and ends in 2007.
Mr. Raymond is also co-chair of the fundraising campaign of the
Foundation of the Rehabilitation Institute of Montreal. Known for his
expertise and dedication, in 2003 Mr. Raymond chaired the banks division
of the Centraide du Grand Montral campaign and was named financial
personality of the year by the business publication Finance et
Investissement. In 2002, he was awarded the Prix Herms by the
Universit Laval Faculty of Business Administration. In 2000, he was
honored as MBA of the year by the Quebec Association of MBAs. Mr.
Raymond sits on the Board of Directors of National Bank and is Chairman
of the Board of the subsidiaries National Bank Trust and National Bank
Life Insurance. He also sits on the boards of St. Mary’s Hospital
Foundation and the Cercle des prsidents, and is a member of the
Canadian Council of Chief Executives and the Foundation de l’UQAM. In
addition, he is Governor of the Quebec Association of MBAs. He also
serves as Vice Chair of the Board of Directors of the Conference Board
of Canada. Mr. Raymond, who is a graduate of the Universit Laval in
administration, has an MBA from the Universit du Qubec Montral and
a diploma from the Institute of Canadian Bankers. In 1990, Mr. Raymond
successfully completed the renowned Executive Management Program at the
University of Michigan.