National Bank of Canada is expanding the leadership of its insurance operations as part of a broader executive reorganization that follows its acquisition of Canadian Western Bank earlier this year.

As part of the changes, Nancy Paquet, executive vice-president of wealth management, will now also oversee the bank’s investment distribution network and insurance business, which had previously been managed under personal banking. The move consolidates National Bank’s wealth and insurance divisions under one leadership structure, reflecting the institution’s strategy to strengthen its integrated financial services offering.

By aligning insurance and wealth management, the bank aims to enhance cross-selling opportunities and provide a more seamless experience for clients seeking holistic fina

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