Groupe Promutuel president gets third term

He has held the position since 2018

Groupe Promutuel president gets third term

Insurance News

By Terry Gangcuangco

Yvan Rose (pictured) has been re-elected as president of Groupe Promutuel for a third term.

“I would like to thank the delegates for their renewed confidence,” said Rose, referring to Promutuel Insurance delegates who voted for him during the company’s annual general meeting. “For over 40 years, I’ve had the Promutuel Insurance logo tattooed on my heart. It’s an organization that I love dearly.

“Over the past four decades, I’ve seen it grow, adapt, transform, and modernize to remain relevant to our insured members and become a model in terms of governance, corporate social responsibility, community involvement, and employer brand.

“I intend to invest myself in it with the same energy and passion that have driven me since my very first day at Promutuel Insurance.”

Rose first chaired the mutual’s board of directors in 2018, before being re-elected in 2021. His third term as president of Groupe Promutuel will run for another three years.

Geneviève Fortier, chief executive at Promutuel Insurance, commented: “I congratulate Mr Rose on his re-election. His ambition for our group, his in-depth knowledge of the organization, his thoroughness, as well as the leadership he provides to our board of directors and his commitment to the 130 directors on the boards of our mutual insurance companies make him a valuable asset to our group.

“It will be a pleasure to work alongside him again, together with the entire management team, to achieve our greatest ambitions and accelerate our profitable growth plan.”

Rose’s credentials include 36 years spent at Promutuel Insurance Boréale where he served as financial controller, general manager, and director. At the AGM, he bested fellow candidate Suzanne Mailhot, who sits on the board of Promutuel Assurance Les Bâtisseurs.

Among Quebec’s biggest damage insurers, Promutuel Insurance employs 2,200 people and serves 639,000 insured members.

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