The Canadian financial and cooperative community is mourning the loss of Alban D'Amours, the former president of Desjardins Group, who passed away at the age of 85. His death was confirmed on November 10, 2025, leaving behind a significant legacy in Quebec's economic landscape.
A Distinguished Career in Cooperative Banking
Alban D'Amours served as president of Desjardins Group, North America's largest federation of credit unions, where he became known as a passionate advocate for the cooperative business model. His leadership spanned critical years for the Quebec financial institution, during which he championed the values of mutual aid and community development that form the foundation of the Desjardins movement.
Throughout his tenure, D'Amours maintained a strong presence in public policy discussions, particularly regarding economic matters affecting Quebecers. His expertise was frequently sought by government bodies, reflecting his respected position within Canada's financial sector.
Active Voice in Public Policy
D'Amours remained actively engaged in public discourse well beyond his presidential term. He was notably present at the Quebec legislature on Wednesday, August 20, 2014, where he participated in hearings concerning Bill 3. This significant piece of Quebec legislation aimed to reform pension plans across the province.
During these legislative hearings, D'Amours provided valuable insights drawn from his extensive experience in financial services and cooperative management. His testimony contributed to the broader conversation about retirement security and sustainable pension systems for Quebec workers.
Legacy and Impact on Quebec's Financial Landscape
The passing of Alban D'Amours marks the end of an era for Quebec's cooperative movement. His dedication to the principles of financial cooperation and community empowerment influenced generations of Quebec business leaders and credit union professionals.
Under his leadership, Desjardins Group strengthened its position as a fundamental institution in Quebec's economy, maintaining its commitment to member-owned banking while navigating the complexities of modern financial services. His advocacy work extended beyond the boardroom, influencing policy decisions that affected millions of Quebec citizens.
D'Amours' contributions to Quebec's financial ecosystem and his unwavering support for cooperative values have left an indelible mark on Canada's banking industry. His legacy continues through the institutions he helped shape and the principles he championed throughout his distinguished career.
