Structure and Board of Directors
Board of directors


Our board consists of 14 members, including the President and CEO of Investissement Québec (an ex officio member). Our board members come from the industrial, financial and legal communities, the venture capital industry and the social economy sector.

MONIQUE F. LEROUX, Chair of Board of Directors Independent Director

MONIQUE F. LEROUX

Chair of Board of Directors
Independent Director

Monique F. Leroux was appointed Chair of Board of Directors of Investissement Québec in April 2016.

 

 

 

 

Monique F. Leroux is the President of the International Cooperative Alliance (ICA), a global organisation representing over 285 member organizations, serving over 1 billion people and generating over 3,000 billion in revenue in more than 100 countries. She chairs the High Level Contact Group of the European Association of
Co-operative Banks (EACB). She is also the founder and Chair of the International Summit of Cooperatives, a world economic and cooperative event.

 

Monique F. Leroux was Chair of the Board, President and Chief Executive Officer of Desjardins Group, the leading cooperative financial group in Canada, from March 2008 to April 2016.

 

Ms. Leroux also serves as an independent Board member of global companies such as Couche-tard (ATD), Michelin (ML-France) and Crédit Mutuel/CIC (Europe). She is Vice-President of the Board and member of the Executive Committee of Université de Montréal.

 

Ms. Leroux is a member of the Canadian Council of Chief Executives, the Founders' Council of the Quebec Global 100 Network, the Board of Governors of Finance Montréal, the Canadian Prime Minister's Advisory Committee on the Public Service, the Catalyst Canada Advisory Board, the Trilateral Commission, the Asia Business Leaders Advisory Council (ABLAC) and the B20 Financing Growth Taskforce. In 2015, Ms. Leroux was asked to represent the Canadian business group at the B7 Summit in Berlin, was a member of the B20 Financing Growth Taskforce, and took part in the G7 Forum for Dialogue with Women as well as the G20 Leaders’ Summit.

 

Ms. Leroux has received a number of honours, including being named a Member of the Order of Canada, an Officer of the Ordre national du Québec and a Chevalier of the Légion d’Honneur (France). She is also a recipient of the Woodrow Wilson Award (United States), the Outstanding Achievement Award and Fellowship from the CPA Order, and the Institute of Corporate Directors Fellowship Award. She also holds honorary doctorates from eight Canadian universities.

 

Ms. Leroux also lends her time and support to a host of not-for-profit organizations and chairs the Desjardins Foundation Board of Directors, the Board of Governors of the Society for the Celebrations of Montreal’s 375th anniversary, is a member of the board of the Rideau Hall Foundation and member of the advisory committee of the Order of Canada for the Governor General of Canada.

PIERRE GABRIEL CÔTÉ, President and Chief Executive Officer

PIERRE GABRIEL CÔTÉ

President and Chief Executive Officer
Investissement Québec

Pierre Gabriel Côté was appointed President and Chief Executive Officer of Investissement Québec in December 2014.

 

 

 

A management consultant since 2012, Mr. Côté has extensive experience running large North American and international companies. He was President and Chief Executive Officer of Fibrek from 2008 to 2012, President of Bombardier Aerospace’s Business Aircraft division from 2006 to 2008, and President and Chief Executive Officer of Lantic Sugar from 2001 to 2005. In addition, he held a variety of management positions in the forestry industry for nearly 20 years.

 

Over the course of his career, Mr. Côté has served on numerous boards of directors. Until recently, he was a director of D-Box, Dessau, Centre for Commercialization of Innovation for Manufacturers and Fondation de la Maison Michel-Sarrazin. In addition, he has contributed his time to the Grand défi Pierre Lavoie since 2010.

 

Mr. Côté received his bachelor’s degree in mechanical engineering from Université Laval and has studied at the McGill University Institute of Corporate Directors.

Anne Bourhis

Anne Bourhis 

Director of the HEC Montréal M.Sc. program
HEC Montréal
Independent Director

Anne Bourhis was appointed to the Board of Directors of Investissement Québec in October 2014.

 

 

The Director of the HEC Montréal M.Sc. program, Ms. Bourhis has also been a full professor specializing in recruitment and staff selection at the business school’s Human Resource Management Department since 2009. Prior to that, she was a professor at Université Laval from 1996 to 1999.

 

A sought-after speaker, Ms. Bourhis received the 2008 HEC Montréal prize for excellence in teaching. She is the author of two award-winning books, including the management manual À vos marques, prêts, gérez – La GRH pour gestionnaires (2009), which won the François-Albert Angers Award in 2009.

 

Ms. Bourhis has a M.Sc. degree in human resource management from HEC Montréal and a Ph.D. in business administration (organizational behaviour) from the University of Illinois at Urbana-Champaign, in the United States. She also holds a business degree from the EDHEC Business School in France.

Claudine Roy

Claudine Roy

President and CEO
Gestion immobilière Gaspé
Independent Director

Claudine Roy was appointed to the Board of Directors of Investissement Québec in February 2015.

 

 

Ms. Roy has been the President and CEO of Gestion immobilière Gaspé since 1990 and the owner of Auberge sous les arbres since 2014. She is also the founder and President of Traversées de la Gaspésie. Until 2015, she owned the Brise-Bise bistro in Gaspé, which she started in 1987.

 

Ms. Roy sits on the board of numerous corporations and organizations, including IQ FIER, Capital régional et coopératif Desjardins, Caisse populaire Desjardins Baie-de-Gaspé, the Association des restaurateurs du Québec and the newspaper Le Devoir.

 

A business figure who is well known for her contributions to Québec society, she has served as President of the Corporation de développement des Fêtes de Gaspé and the driving force behind the growing international reputation of the Grande Traversée de la Gaspésie. She was awarded the TELUS Community Excellence Award in 2013 and the Award for Excellence in Tourism, one of the Grands prix du tourisme de la Gaspésie. A Chevalière de l'Ordre national du Québec, she is considered by her peers to be one of Québec’s 100 most influential women.

 

Ms. Roy holds a bachelor's degree in physical education from the University of Ottawa and a certificate in education from Université du Québec à Rimouski. She also holds corporate governance certification from the Collège des administrateurs de sociétés at Université Laval.

Geneviève Morin

Geneviève Morin

Chief Investment Officer
Fondaction
Independent Director

Geneviève Morin was appointed to the Board of Directors of Investissement Québec in October 2014.

 

 

Ms. Morin has served as Chief Investment Officer for Fondaction CSN, the trade union confederation’s development fund for cooperation and employment, since December 2011. She previously held the posts of Administration and Finance Coordinator and Chief Financial and Corporate Development Officer for the same organization.

 

Before joining Fondaction in 1996, she held various positions with Desjardins Group, including Senior Credit Advisor, Senior Development Advisor and Management Training Officer. She also sits on the Board of Directors of Filaction, the Canadian Venture Capital Association and Réseau Capital, where she served as Co-President from 2010 to 2012.

 

Ms. Morin has an MBA in Finance from HEC Montréal and a bachelor’s degree in Economics from Concordia University. She has also completed training as a securities dealer.

Jean Landry

Jean Landry

Independent Director

Jean Landry was appointed to the Board of Directors of Investissement Québec in March 2015.

 

 

 

 

From 1981 to 2004, Mr. Landry held several management posts at Desjardins General Insurance and served as President of Desjardins Trust. He began his career as an auditor with large accounting firms and later went on to teach at HEC Montréal, the Insurance Institute of Canada and Université Laval.

 

Mr. Landry worked as a consultant to the Association des courtiers et agents immobiliers du Québec from 2006 to 2010. He has also served on several boards of directors. He now chairs the board of directors of the Centre intégré universitaire de santé et de services sociaux (CIUSSS) de l’Est-de-l’île-de-Montréal, sits on the board the Ordre des pharmaciens du Québec and the Fonds d’assurance-responsabilité professionnelle of the Chambre des notaires du Québec and is president of the independent review committee for FÉRIQUE Funds.

 

A member of the Ordre des comptables professionnels agréés du Québec (CPA, CA), Mr. Landry is a graduate of Harvard Business School’s Advanced Management Program and received his master’s degree in commercial sciences from Université de Sherbrooke. He also holds certification in corporate governance from the Collège des administrateurs de sociétés at Université Laval.

Louise Sanscartier

Louise Sanscartier

Governance Consultant and Corporate Director
Independent Director

Louise Sanscartier joined the Board of Directors of Investissement Québec in January 2013.

 

 

Ms. Sanscartier, a governance consultant and corporate director, was a senior partner at management consulting firm Interis Consulting Inc. for seven years and then a partner with BDO Canada from 2013 to 2015. She has over 35 years of experience in the financial sector and has completed a variety of mandates abroad as a governance consultant. From 1984 to 2003, she was a member of the management team at Fonds de solidarité des travailleurs du Québec, where she held various positions including Vice-President, Corporate and Technological Development.

 

Ms. Sanscartier is a founding member of the Cercle des administrateurs de sociétés certifiés (2008) and has been a member of the Institute of Corporate Directors since 2005. She chairs the boards of directors of the Ordre des pharmaciens du Québec’s professional liability fund and Femmessor Québec. She is also a member of the FERIQUE Funds independent review committee and an instructor for a module of the Governance program of the Collège des administrateurs de sociétés.

 

Ms. Sanscartier has a post-MBA degree in strategic management and change management as well as a master’s degree in project management from Université du Québec à Montréal. She also holds corporate director certification from Université Laval’s Collège des administrateurs de sociétés.

Luc Dupont

Luc Dupont 

President and CEO
Immanence Intégrale Dermo Correction
Independent Director

Luc Dupont was appointed to the Board of Directors of Investissement Québec in June 2013.

 

 

 

Since 2008, Mr. Dupont has served as President and CEO of Immanence Integral Dermo Correction, a company that he co-founded. He is also the co-founder of Atrium Innovations and Unipex Innovations, of which he was President and CEO from 1999 to 2008. In addition, he co-founded Les Biotechnologies Océanova (subsequently renamed innoVactiv) and previously held the position of Vice President, Finance and Executive Vice President of Æterna Zentaris, a biopharmaceutical company he co-founded in 1991.

 

Mr. Dupont also sits on the board of directors of the Québec City Jean Lesage International Airport, Chocolats Favoris and Ressources Québec. He has received numerous awards and honours, as have the companies he has run. They include the Prix des Grands diplômés from Université Laval in 2011 as well as the Canada’s 50 Best Managed Companies and Canada’s Fastest-Growing Companies awards, the former in 2003, 2004 and 2005, and the latter in 2004, 2005, 2006 and 2007.

 

Mr. Dupont holds a bachelor’s degree in business administration from Université Laval and is actively involved in a number of organizations, including Table d’action régionale en entrepreneuriat — Capitale nationale, Anges Québec, SAGE–Mentorat d’affaires and Fondation Dupont.

Madeleine Féquière

Madeleine Féquière 

Director and Corporate Credit Chief
Domtar
Independent Director

Madeleine Féquière was appointed to the Board of Directors of Investissement Québec in October 2014.

 

 

With over 25 years of experience, Ms. Féquière is a specialist in risk management and operations associated with business credit, in improving credit conditions and in global trade. She has worked on several continents in various sectors of the economy.

 

Since 2008, she has been Director and Corporate Credit Chief for Domtar’s worldwide operations. Between 2000 and 2008, she was Senior Director, Global Credit, of AbitibiBowater Corp. She previously served as Assistant Vice-President, Global Credit, at Teleglobe Canada (1998–2000), International Credit Manager for Microsoft/Softimage (1996–1998), National Credit Manager for Invensys Canada (1993–1998) and Regional Credit Manager at Archer Daniels Midland
(1985–1992).

 

Recognized for her leadership and ability to develop and manage complex international business strategies, Ms. Féquière serves on the boards of public, governmental and non-profit organizations. She is President of the board of École supérieure de ballet du Québec and also sits on the board of the Québec Culture Capital Fund.

 

With a Mini-MBA from McGill Executive Institute, a certificate in finance and credit from HEC/CIC and a BA from Concordia University, Ms. Féquière has received many awards in recognition of her achievements.

Michel Brûlé

Michel Brûlé

President and founder
Investissements M&M
Independent Director

Michel Brûlé was appointed to the Board of Directors of Investissement Québec in February 2015.

 

 

For nearly 20 years, Michel Brûlé has pursued two careers, in part concurrently: first, at École de technologie supérieure (ÉTS) as a professor, researcher and dean, and secondly in business, as an entrepreneur and the founder of six technology companies. He sold two of his companies in 2000, including Inno Media Logic (IML) Inc., a transaction that was described as the “Best VC Deal in Canada for 2000.” Around the same time, he began a career as an angel investor with the creation of Investissements M&M. He also had a hand in starting up the FIER Longueuil regional economic intervention fund. In recognition of his contribution, the National Angel Capital Organization named him “Canadian Angel
of the Year” in 2010.

 

Michel Brûlé is Chairman of the board of Québec-based LeddarTech and the Anges Québec network. He also sits on the board of Montréal company Octasic and is a member of the Advisory Board of Toronto-based OMERS Venture Capital.

 

Mr. Brûlé holds a bachelor’s degree and a master's degree in electrical engineering from the University of Ottawa and is a member of the Ordre des ingénieurs du Québec. He also received an honorary Ph.D. from University of Ottawa in 2012.

Michel Tremblay

Michel Tremblay

Executive Vice-President of Investments
Industrielle Alliance, Insurance and
Financial Services
Independent Director

Michel Tremblay was appointed to the Board of Directors of Investissement Québec in June 2013.

 

 

Mr. Tremblay has held the position of Executive Vice-President of Investments at Industrial Alliance, Insurance and Financial Services since 2008. Prior to that, he served as Chief Operating Officer, Personal and Commercial Banking and Wealth Management at the National Bank of Canada.

 

He has extensive experience with financial markets, having worked at the Solidarity life insurance company, the Optimum Group and ING before joining the National Bank. He has also held various management positions in the investment and wealth management field.

 

Mr. Tremblay has a degree in actuarial science from Université Laval. He became a Fellow of the Canadian Institute of Actuaries and the Chicago Society of Actuaries in 1980, and obtained the title of Chartered Financial Analyst (CFA) in 1988.

Monette Malewski

Monette Malewski  

President and Chief Executive Officer
M. Bacal Group
Independent Director

Monette Malewski was appointed to the Board
of Directors of Investissement Québec in
October 2014.

 

 

She has been the owner, President and Chief Executive Officer of M. Bacal Group since 1998. Previously, she held the positions of Assistant Executive Director of YM-YWHA Montréal Jewish Community Centres (1989–1992), Executive Director of the Association of Jewish Day Schools (1981–1989) and President of the Federation of Teachers of Jewish Schools of Montréal
(1970–1981).

 

A businesswoman, activist and renowned philanthropist, Ms. Malewski has received numerous awards and honours during her career, including the Queen Elizabeth II Diamond Jubilee Medal. In 2014, she was among the winners of the TOP 20 de la Diversité award given by the Médiamosaïque news agency, and she received an honorary degree from the Hebrew University of Jerusalem.

 

The President of the board of directors of IQ Immigrants Investisseurs since 2013, Ms. Malewski is also a director of several other organizations, including Anges Québec, Institut Mallet, Canadian Friends of the Hebrew University of Jerusalem and the Canadian Cancer Society (Québec Division).

 

Ms. Malewski holds a certificate from the Institute of Family Enterprise Advisors and a certificate in personal life and health insurance and group life and health insurance from Autorité des marchés financiers. She also holds a teaching degree from McGill University.

Nadine Girault

Nadine Girault 

Independent Director

Nadine Girault was appointed to the Board of Directors of Investissement Québec in October 2014.

 

 

 

 

As a senior manager with over 25 years of experience in a wide range of business environments, Nadine Girault has held many strategic positions over her career. Since 2014, she has acted as a strategy, marketing, organization and business development consultant for a variety of organizations.

 

Previously, Ms. Girault held a number of vice-president positions, including Vice-President of Business Development at Fonds de solidarité FTQ (2011–2014), Sales and Operations (Canada) at Boutique Jacob Inc. (2010–2011), Sales and Operations, Downtown Montréal at BMO Financial Group (2007–2009), and Sales and Service for groups and businesses at Desjardins Financial Security in Toronto (2006–2007). She also spent nearly 10 years at the Royal Bank of Canada, where she held several senior management positions.

 

Ms. Girault is very involved in the community; she serves on the board of directors of École supérieure de ballet du Québec and, for many years, was an honorary member of the Hôpital Maisonneuve-Rosemont Foundation and the Théâtre d’Aujourd’hui Honorary Committee. She has also sat on the Sports Montréal and Fondation Hôpital Jean-Talon boards of directors. She is a member of the Diversity 50 Committee of the Canadian Board Diversity Council (CBDC).

 

Ms. Girault holds an MBA in financial services from Université du Québec à Montréal and a bachelor’s degree in business administration from HEC Montréal. In addition, she obtained her corporate director certification (ASC) from the Collège des administrateurs de sociétés.

René Roy

René Roy

Independent Director

René Roy was appointed to the Board of Directors of Investissement Québec in October 2014.

 

 

 

 

 

Mr. Roy has been a corporate director since 2010. From 1998 to 2010, he served as Secretary General of the Fédération des travailleurs et travailleuses du Québec (FTQ) and as Vice-President of the Communications, Energy and Paperworkers Union of Canada, Québec Region. He was also a Union Advisor for the Communications Workers of Canada.

 

Mr. Roy is chairman of the Jomar Mentora board of directors and sits on the board of directors of the Fonds immobilier de solidarité FTQ.

 

A member of the Ordre des conseillers en ressources humaines et en relations industrielles agréés du Québec, M. Roy has a diploma in electrical technology from the Institut de technologie de
Trois-Rivières.

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Benoît Larouche

Director, Business Development, New York

212 843-0976