Click here to close now.




















Welcome!

News Feed Item

La Caisse appoints Christian Dubé as Executive Vice-President, Québec

MONTREAL, Aug. 15, 2014 /CNW Telbec/ - La Caisse de dépôt et placement du Québec is pleased to appoint Christian Dubé to the position of Executive Vice-President, Québec. This appointment builds on the May announcement of the creation of an executive position dedicated exclusively to Québec. La Caisse is therefore taking an important step in the deployment of its strategy.

With the appointment of Mr. Dubé to this key position, La Caisse is positioning itself to maximize its impact in Québec. Mr. Dubé will deploy La Caisse's investment strategy, which aims at galvanizing the province's economy by fostering the growth and development of Québec companies. Specifically, La Caisse will play a role in the international expansion of Québec companies, facilitate business succession in established SMEs, and promote a new generation of entrepreneurs.

Mr. Dubé will sit on La Caisse's Executive Committee and its Investment-Risk Committee. Accordingly, La Caisse will  be well positioned to seek out the best investment opportunities for its clients, in all regions of Québec. Mr. Dubé will also advise La Caisse on all strategic issues in Québec.

"Mr. Dubé has an intimate knowledge of the Québec economy," said Michael Sabia, President and Chief Executive Officer of La Caisse. "He understands why it is imperative that Québec companies go global - and he shares with La Caisse its sense of urgency. He understands why SMEs, which are infused with an entrepreneurial spirit, are the engine of Québec's future growth. For all those reasons, he is the ideal candidate to spearhead La Caisse's work in Québec.

"Whether it is the challenges that he successfully faced at Cascades and at Domtar or the work that he did in Québec's National Assembly, Mr. Dubé has always had a strong Québec at heart," continued Mr. Sabia. "His commitment to public interest is something that I have long admired.

"There is no doubt in my mind that through his work at La Caisse, Mr. Dubé will continue to make an important contribution to Québec," concluded Mr. Sabia

"Throughout my entire professional life, I have worked on building strong Québec companies whose ambitions extend well beyond our borders," said Christian Dubé. "This new position at La Caisse is a natural extension of my work and commitment to Quebec."

"Quebec has immense potential, and I am thrilled that La Caisse has entrusted me with the responsibility of deploying an investment strategy that will act as a catalyst for its economy," he added.

Prior to being elected to Québec's National Assembly in 2012, Mr. Dubé led a distinguished career in the private sector. He worked as a chartered accountant for a large accounting firm before joining Domtar in 1996. At Domtar, he started as Vice-President, Strategy, later stepping into the role of Executive Vice-President and Chief Financial Officer. In those positions he was responsible for mergers and acquisitions. He concluded the purchase of Georgia-Pacific's paper mills in the United States and worked on the creation of Norampac, among other transactions.

In 2004, Mr. Dubé joined Cascades as Vice-President and Chief Financial Officer. In the latter role, he oversaw the pension plans of this paper products company. From 2009 to 2012, as President of Cascades' European subsidiary, he worked in Europe. He integrated Italian cardboard producer, Reno De Medici, whose acquisition he had negotiated.

Mr. Dubé's established reputation in the business community extends well beyond the forest products industry, as he has sat on the boards of Héroux-Devtek, National Bank Financial and Fido, among others.

Before joining La Caisse, Mr. Dubé represented the riding of Lévis in the Québec National Assembly. As finance and treasury spokesperson for the Coalition Avenir Québec, he was Vice-President of the Commission des finances publiques.

Mr. Dubé will take up his new position on September 15.

Since La Caisse implemented its investment strategy in 2009, it has introduced many initiatives in Québec to strengthen the most promising companies and identify the most profitable investments, in all asset classes. As a result, La Caisse's new investments and commitments in Québec total $12.7 billion.

ABOUT LA CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC

La Caisse de dépôt et placement du Québec is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December 31, 2013, it held $200.1 billion in net assets. As one of Canada's leading institutional fund managers, La Caisse invests in major financial markets, private equity, infrastructure and real estate, globally. For more information: www.lacaisse.com

SOURCE Caisse de dépôt et placement du Québec

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to tran...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
"Our biggest growth area has been the security services, the managed services - the things that differentiate us in the market that there is no client that's too small and there's no client that's too big," explained Paul Mazzucco, Chief Security Officer at TierPoint, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Countless business models have spawned from the IaaS industry. Resell Web hosting, blogs, public cloud, and on and on. With the overwhelming amount of tools available to us, it's sometimes easy to overlook that many of them are just new skins of resources we've had for a long time. In his General Session at 16th Cloud Expo, Phil Jackson, Lead Technology Evangelist at SoftLayer, broke down what we've got to work with and discuss the benefits and pitfalls to discover how we can best use them to d...
"We do data integration for B2B also application to application, and we do data management and enable Big Data," explained Pat Adamiak, Vice President, Product Marketing at Liaison Technologies, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...