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Mouvement Desjardins elects new president

Click to play video: 'Desjardins Group elects new leader'
Desjardins Group elects new leader
WATCH ABOVE: Guy Cormier was elected president and CEO of the Desjardins Group at a closed-door meeting in Lévis Saturday. He takes over from Monique Leroux – Mar 19, 2016

LÉVIS, Que. – The Desjardins Group elected a new president at a closed-door meeting in Levis Saturday morning.

Guy Cormier, was chosen amongst three candidates as the group’s new president and CEO.

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He takes over from Monique F. Leroux, who headed the organization for 8 years.

Cormier, 46, has been with Desjardins since 1992, steadily moving his way up the ranks.

He will officially start his four-year term April 9, as the Desjardins Group holds its next annual general meeting.

The Desjardins Group is the largest association of credit unions in North America.

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