Rania Llewellyn Wiki – Rania Llewellyn Biography
Rania Llewellyn is the President and Chief Executive Officer of Laurentian Bank of Canada. Prior to that, she served as the Executive Vice President of global business payments at Scotiabank from Apr 2018 – Oct 2020.
She started her career as a part-time teller at Scotiabank. She held a series of managerial and executive roles, including Senior Vice President of Products and Services, and Global Transaction Banking from Sep 2015 – Apr 2018, Senior Vice President of Commercial Banking and Growth Strategy from May 2014 – Aug 2015, President and CEO of Roynat Capital at Scotiabank from Nov 2011 – May 2014, SVP & Head of Canadian Operations at Roynat Capital, a wholly-owned subsidiary of Scotiabank from Jul 2010 – Oct 2011, Vice President of Multicultural Banking at Scotiabank from Sep 2007 – Jun 2010, Director of Power and Infrastructure, and Corporate Banking at Scotia Capital from Nov 2004 – Sep 2007.
Born in Kuwait, Rania grew up in Kuwait and Egypt, completing the first two years of her commerce degree at the American University in Cairo, Egypt. After the start of the Gulf War, Rania Llewellyn’s parents emigrated to Canada in 1992, where she completed her bachelor’s degree. She graduated with an undergraduate degree from Saint Mary’s University in Halifax. She also earned her MBA from Saint Mary’s University.
Rania Llewellyn Age
Rania Llewellyn’s age is unclear. She was born in Kuwait to an Egyptian father and Jordanian mother.
Rania Llewellyn is married to her husband Sean Llewellyn.
Rania and her husband have two children, Sofia and Zachary.
Rania Llewellyn CEO, first woman to hold top job
Laurentian Bank has named Rania Llewellyn to be its next CEO, a move that the bank says makes her the first woman to hold the top job at a major Canadian lender.
Born in Kuwait, Rania immigrated to Canada in 1992. She comes to the top job at Montreal-based lender Laurentian after a 26-year career at Scotiabank, where she started as a teller before moving up to a series of managerial and executive roles, most recently the executive vice-president of global business payments.
“Rania Llewellyn is the right leader to usher in a new era at Laurentian Bank,” board member Michelle Savoy said in a release. “She has a proven track record as an energetic, strategic thinker focused on customer experience and tangible results. Following a rigorous search process, we are confident she is the change agent this bank needs to address the headwinds it faces and to establish a foundation for future growth and success,” said Savoy, who headed up the search process for a new CEO.
In a release, Llewellyn said she was “thrilled and honoured” to join the bank and added that she is “committed to always putting our customers first in everything we do. I look forward to working with my new colleagues across Canada and in the U.S. to develop a strategy for long-term growth and success that meets the needs and expectations of all our stakeholders.”
Llewellyn will start in the role on October 30.
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The bank says Llewellyn is the first woman to be CEO at a major chartered Canadian bank.
HSBC Canada, and online bank Tangerine are both headed up by women — Linda Seymour and Gillian Riley, respectively — but those banks are not independently operated, and are rather divisions of other, larger banks.
None of the so-called Big Five Canadian Banks — Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Toronto-Dominion Bank and the Royal Bank of Canada — have ever had a woman as CEO.
Laurentian bank has 2,900 employees and more than $28 billion in assets under management. Earlier this year Laurentian cut its dividend for the first time in 30 years.
Camilla Sutton, the CEO of Women in Capital Markets, said Llewellyn’s hiring is “incredible news” for Canada’s financial sector.
“I’m sure it’s a sad loss for Scotiabank but really fabulous to be able to see a female CEO of a Canadian bank.”
Sutton had a long career at Scotiabank herself before leaving to head up the advocacy group, and she says she worked with Llewellyn at various times over her career.
“She is a born leader,” she said. “It takes about one minute in a room with her to recognize that.”
Sutton says she looks forward to the day when a woman breaking the glass ceiling in the world of finance is no longer newsworthy.
“One day I’ll be out of a job and I’ll cheer that because it means we’ve achieved diversity in finance in Canada — and that will be a very exciting day,” she said.