Structure and Board of Directors
Board of directors

Our board consists of 11 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


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 2,5 million enterprises and generating over 3,000 billion in revenue in more than 100 countries. She is the founder and Chair of the International Summit of Cooperatives, a world economic and cooperative event.


Ms. Leroux was appointed Chair of the Advisory Council on the Economy and Innovation in 2016 by the Government of Québec and is a member of the Canada-United States Council for Advancement of Women Entrepreneurs and Business Leaders, created in 2017.


She was the 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. Under her leadership, Desjardins remarkably grew its Canadian activities while ranking among the fifth strongest financial institution in the world according to Bloomberg.


Ms. Leroux also serves as an independent Board member of global companies such as Bell (BCE), Couche-tard (ATD), Michelin (ML-France), Crédit Mutuel/CIC as well as S&P Global.


She is co-chair of the B20 SMEs Cross-thematic Group (Germany), chair of the High Level Contact Group of the European Association of Co-operative Banks (EACB) and vice-president (Canada) of the Trilateral Commission. In 2015, Ms. Leroux was asked to represent the Canadian business group at the B7 Summit in Berlin, 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. She was recently made an “honorary citizen” of the city of Lévis in recognition of her economic contribution.


Ms. Leroux also lends her time and support to a host of not-for-profit organizations. She is chair of the Board of Governors of the Society for the Celebrations of Montreal’s 375th anniversary and Metropolis 2017, 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


President and Chief Executive Officer
Investissement Québec

Mr. Côté was appointed President and CEO of Investissement Québec in December 2014.




A management consultant since 2012, he has experience running 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 sat on the boards of numerous organizations, including D-Box, Dessau, the Centre for Commercialization of Innovation for Manufacturers and Fondation de la Maison Michel-Sarrazin. He has been a member of the Board of Governors of the Conseil du patronat du Québec since April 2017 and has supported the Grand défi Pierre Lavoie since 2010.


Mr. Côté has a bachelor’s degree in mechanical engineering from Université Laval and completed a training program at the McGill Executive Institute

Anne Bourhis

Anne Bourhis 

Professor Specializing in Recruitment and Staff Selection, HEC Montréal
Independent Director

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



 Ms. Bourhis is a full professor specializing in recruitment and staff selection at HEC Montréal's Human Resource Management Department since 1999. Prior to that, she was a professor at Université Laval.


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 holds a business degree from the EDHEC Business School in France, 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. Since September 2017, she has been sitting on the board of directors of Héma-Québec.

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 1986.


Ms. Roy sits on the board of numerous corporations and organizations, including IQ FIER, Ressources Québec, Caisse populaire Desjardins Baie-de-Gaspé, the Association des restaurateurs du Québec and the Ordre national du Québec.


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
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 sits on the board the Ordre des pharmaciens du Québec and the Fonds d’assurance-responsabilité professionnelle of the Chambre des notaires du Québec.


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.

Madeleine Féquière

Madeleine Féquière 

Director and Corporate Credit Chief
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.


Ms. Féquière holds a Mini-MBA from McGill Executive Institute, a certificate in finance and credit from HEC/CIC and a BA from Concordia University, and has completed the ICD-Rotman Directors Education program.

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


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 during 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 and the Governance, Ethics and Legal Affairs Committee of École supérieure de ballet du Québec. For many years, she was an honorary member of the Hôpital Maisonneuve-Rosemont Foundation and the Théâtre d’Aujourd’hui Honorary Committee and a member of the Executive Committee of the 24H of Tremblant. She has also sat on the boards od directors of Fonds de solidarité FTQ, Sports Montréal and Fondation Hôpital Jean-Talon. 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


Contact your expert

Benoît Larouche

Director, Business Development, New York

212 843-0976