Amadeusz Juskowiak

Montreal exchange names new president

The Montreal Exchange said it named Bruno Riverin president of Quebecs Caisse centrale Desjardins as its new president and chief executive officer

Riverin replaces former exchange president Andre Saumier who resigned in January to set up a brokerage firm

Riverins appointment is effective March 26 the exchange Canadas second largest said

The Caisse central is the main investment arm of Quebecs huge credit union movement