Before retiring in July 2010, Yves Morency held various positions at Desjardins Group over the course of his professional career, in particular, that of Vice-President, Government Relations, Associate Manager – Institutional Strategies, Vice-President Planning, Planning Adviser and Senior Economist. He began his professional career as an economist at the federal Department of Finance.

Mr. Morency has served on numerous boards of directors, such as those of the Canadian Chamber of Commerce, the Chambre de commerce et d'industrie de Québec and the Bureau des services financiers.

Yves Morency holds a graduate degree in quantitative analysis and public policy analysis from the University of Toronto.He also has a Bachelor's degree in economic science and arts from Laval University.