Laurentian Bank names Rania Llewellyn as next CEO, marking a first for major Canadian lenders

According to the biographical details provided by Laurentian, as well as those contained in a 2013 Maroon & White Magazine[1] article and a 2009 National Post story[2], Llewellyn was born in Kuwait, and her family moved to Egypt in 1987 and then to Canada in 1992.

Soon after, Llewellyn began attending Halifax’s Saint Mary’s University, “winning more than her fair share” of matches on campus ping pong tables, according to the school’s alumni magazine. She went on to earn a bachelor of commerce degree, MBA and honorary doctorate from SMU.

Llewellyn was initially a teller at a Scotiabank branch in Dartmouth, N.S., before rising through the ranks at the lender over the course of a 25-year-plus career. Most recently, she was Scotiabank’s executive vice-president of global business payments, but she also led the diversity and inclusion office for its global banking and markets unit and served as a member of the lender’s Executive All Bank Inclusion Council, Laurentian said.

Her experience in payments, which has become an increasingly competitive and digital part of finance, could prove an asset for Laurentian, which has been trying to modernize.

During a Bloomberg panel[3] in July, Llewellyn noted that her job at Scotiabank involved both the business and technology sides. The pandemic has highlighted the importance of technology, but she also said it had prompted a more focused approach on how money is being spent and what sort of value is being created for customers, employees and shareholders.

References

  1. ^ Maroon & White Magazine (maroonandwhite.ca)
  2. ^ story (nationalpost.com)
  3. ^ panel (www.youtube.com)

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