Structure and Board of Directors
Management Committee

Headed by our President and CEO, our Management Committee is composed of seasoned managers. Discover their profiles.

GUY LEBLANC, President and Chief Executive Officer


President and Chief Executive Officer
Investissement Québec

An effective leader and strong communicator, Guy LeBlanc has a solid grasp of the Québec business environment. His career path bears witness to his commitment to growing businesses, and his know-how and experience in the field position him admirably to carry out Investissement Québec’s important mandate.




Guy LeBlanc was appointed President and CEO of Investissement Québec in April 2019.


A seasoned executive, he worked for PricewaterhouseCoopers (PwC) for over 35 years. As Managing Partner of the Transaction group in Canada from 2002 to 2006 and Managing Partner of the Montréal Office from 2006 to 2015, he oversaw a team of over 800 professionals and was responsible for adapting the firm’s strategy for the Québec market. An expert in finance, Guy LeBlanc specializes in business transactions (sales and purchases) and business financing.


He has a degree from HEC Montréal, an honorary degree from Université de Montréal and the ICD.D designation from the Institute of Corporate Directors; he is also a Fellow of the Ordre des comptables professionnels agréés du Québec (FCPA).


Reputed for his leadership abilities, Guy LeBlanc has served on numerous boards of directors, including those of Canam Group, Goodfood Market Inc., The Lion Electric Co., Groupe Meloche, ATIS Group and Montréal International.

ALEXANDRE SIEBER, Senior Executive Vice-President, Corporate Financing


Senior Executive Vice-President, Corporate Financing

An acknowledged builder and team player, Alexandre Sieber has solid experience in such areas as commercial financing, investment and service companies. He is responsible for implementing Investissement Québec’s key strategies and leads all financing and investment activities related to Investissement Québec’s own equity.



Alexandre Sieber was named Executive Vice-President, Business Financing and Client Strategies in March 2017.

Prior to joining Investissement Québec, Mr. Sieber had served as Senior Vice President and Senior Managing Director at CBRE since 2012. He was responsible for strategic orientation, operational and financial performance of CBRE’s brokerage operations in Québec. He also co-led the company’s Debt and Structured Finance – Capital Markets division for Canada.

After graduating from Université de Montréal with a bachelor’s degree in law and from HEC Montréal and University of St. Gallen (Switzerland) with a bachelor’s degree in business, Mr. Sieber began his career with RBC in 1997, as a Senior Account Manager. He held that position for three years. He spent the next 12 years at GE Capital, where he was Managing Director, Global Investment Management in New York City, and Vice President and General Manager of both GE Real Estate and GE Aircraft.

BICHA NGO, Senior Executive Vice-President, Private Equity


Senior Executive Vice-President, Private Equity

As a seasoned finance professional, Bicha Ngo is recognized for her strategic mind and wealth of transactional experience. A major asset for the Corporation, her role is to identify and support industries and key players in our economy.



Bicha Ngo was named Senior Executive Vice-President, Private Equity in October 2019.


Armed with more than 25 years of experience in the transactional arena, Bicha Ngo began her career at HSBC. For nine years she held the post of Vice-President, Corporate Development at Domtar Inc., where she managed transactions and oversaw the integration of acquired assets in addition to ensuring development of the company’s corporate strategy. She also spearheaded a number of asset sales and acquisitions that contributed to the organization’s transformation. Before joining Domtar, she was a member of the investment bank teams at CIBC World Markets and Merril Lynch.


Bicha Ngo is a CFA and received her finance degree from HEC Montréal.

CHRISTIAN SETTANO, Executive Vice-President, Finance, Risk Management and Information Technology


Senior Executive Vice-President, Finance, Risk Management and Information Technology

As a high-level financier, with a wealth of experience in banking, Mr. Settano applies both discipline and vision in monitoring Investissement Québec’s financial governance and profitability.



Christian Settano was appointed Executive Vice-President, Finance in February 2017.


With more than 18 years of experience in finance, he had previously served as Vice President Finance – Retail and Commercial Banking at Laurentian Bank of Canada since 2012. In that position, he was responsible for strategic planning for the business line, financial control, and financial budgeting and analysis, among other things; he also acted as chief financial officer of LBC Financial Services. From 2003 to 2012, Mr. Settano held the positions of chief financial officer, division financial manager and controller at the Montréal and New York offices of Société Générale.


Mr. Settano holds a bachelor of business administration degree and a graduate diploma in accounting from HEC Montréal and is a member of Québec’s order of CPAs. He started his career at Ernst & Young.

HUBERT BOLDUC, President, Investissement Québec International


President, Investissement Québec International

His extensive knowledge of government operations and the business community, together with his solid experience in drawing foreign investment, make Hubert Bolduc a steadfast ally.



Hubert Bolduc was appointed Senior Vice-President, Foreign Direct Investment and Exports, and President of Investissement Québec International in September 2019.

After working as a senior civil servant for nearly two years and as a director with Investissement Québec from 2014 to 2015, he was named President and CEO of Montréal International in 2016.

M. Bolduc’s previous posts included those of Vice-President, Communications and Public Affairs, at Cascades from 2004 to 2012, Advisor to the Québec Premier from 2001 to 2003, and consultant with the NATIONAL public relations agency from 1998 to 2000.

Mr. Bolduc holds a bachelor’s degree in political science from Université du Québec à Montréal, a master’s degree in communication from the University of Stirling in Scotland, and an MBA from HEC Montréal. He has served as Chairman of the boards of directors of Manufacturiers et exportateurs du Québec and Jour de la Terre Québec and sat on the boards of the Chamber of Commerce of Metropolitan Montreal, the Montreal Council on Foreign Relations, Fondation de l’UQAM and Forces Avenir.

MARIE ZAKAÏB, Vice-President, Talent, Culture and Corporate Communications

Marie Zakaïb

Vice-President, Talent, Culture and Corporate Communications

Recognized for her ability to build and manage results-oriented teams, Marie Zakaïb is proficient at developing and implementing human resources strategies in changing environments.  



Marie Zakaïb was named Vice-President, Talent, Culture and Corporate Communications in March 2017. Prior to joining Investissement Québec, she worked for 30 years at TD Bank Group, where she served as Vice-President of Corporate Human Resources and Employee Relations for the Group’s business divisions from 2014 to 2017.


Armed with a bachelor’s degree in business administration (finance) from Université du Québec à Montréal, Ms. Zakaïb began her career as a Commercial Accounts Manager with TD Canada Trust in 1987, before she developed an interest in human resources and industrial relations.


Starting out as an Advisor, she held the post of Human Resources Director until 2004. She quickly climbed the corporate ranks to become Senior Director of Human Resources at TD Insurance and later Vice-President of Human Resources, Corporate Functions and Labour Relations, from 2006 to 2014. Her responsibilities in that role included transformation and change management projects.

SYLVIE PINSONNAULT, Senior Vice-President, Strategies and Business Solutions

Sylvie Pinsonnault

Senior Vice-President, Strategies and Business Solutions

Recognized for her leadership and expertise, Ms. Pinsonnault seeks to spur the growth and competitiveness of businesses. In addition, she is responsible for formulating and implementing the strategic plan as well as initiatives such as “Propulser nos manufacturiers innovants.” Clients are always the focus of her concern and she is determined to make a difference.



Sylvie Pinsonnault held the positions of Vice-President, Venture Capital, Investment Funds and Tax Measures and Vice-President, Strategic Initiatives and Management Committee Advisory Services before being appointed Senior Vice-President, Strategies and Business Solutions in August 2019. She is responsible for formulating the Corporation’s strategic plan and its action plans and strategic initiatives. She also has the responsibility of implementing the client experience and an integrated approach to the development of business solutions. In addition, she directs public relations, government relations, external communication, marketing and oversight activities. She is a member of the Management Committee and the Investment Committee. She also
co-leads the transition committee tasked with restructuring Investissement Québec.

From 2011 to 2015, Ms. Pinsonnault served as Vice-President, Investment Funds, Business Immigration and Mandates at Investissement Québec. Before then, she had held the post of Vice-President, Investissement Québec Subsidiaries since March 2010, following a three-year stint as Director, Corporate Initiatives, Policies and Products in the Credit and Risk Management Division.

With an MBA in International Business and Export Management from the City University Business School in London, England, Ms. Pinsonnault was named CEO of FIER Partners LP when the $180-million investment fund was created in 2005.

From 2002 to 2004, she was Senior Portfolio Manager at Investissement Québec. Previously, from 1996 to 2001, she served as Manager, Structured Finance at CAE Electronics, where she oversaw project financing, investment and risk management, primarily outside Canada. She has also held other executive positions at Scotiabank, Export Development Canada and Raymond Chabot Grant Thornton.


Contact your expert

Linda Bergeron

Project Manager, Montréal

514 873-4664