Laurentian Bank of Canada announced that Ms. Isabelle Courville will complete her term of office as Chair of the Board at the annual meeting of shareholders in the spring of 2019, after having served for 12 years, in line with the Bank's policy governing the term limits for directors. Mr. Michael Mueller joins the Board as Vice Chair and following his election by the Bank's shareholders at the annual meeting of shareholders, the Board also announced its intention to appoint Mr. Mueller, Chair of the Board. Mr. Michael Mueller is a senior corporate director who has a strong track record. He recently completed a 12-year term as Chair of the Board of PSP Investments and he currently sits on the boards of a number of public and private companies including Revera Inc, Medexus Pharmaceuticals (formerly Pediapharm), and Mercal Capital Corporation.