The Caisse de dépôt et placement du Québec is appointing two executives to its global strategy team.
Martin Coiteux will be chief economist and Charles Émond will take on the role of executive vice-president of Quebec and global strategic planning.
“Mr. Coiteux and Mr.Émond have a deep understanding of Quebec and global markets,” said Michael Sabia, president and chief executive officer of the Caisse in a press release. “They will certainly contribute to raising the profile of both Quebec and its know-how on the world stage, which is perfectly in line with la Caisse’s strategy.”
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In the new role, Coiteux will be responsible for providing the Caisse with economic and business intelligence leadership to implement its investment strategy through economic analyses, identifying areas of risk and opportunity in various international markets.
For almost 20 years, Coiteux was a professor of international economics and international management at HEC Montréal. He was also the Bank of Canada’s representative in Quebec. More recently, he served as president of the government of Quebec’s Treasury Board and in various ministerial posts.
“I’m thrilled to be joining la Caisse to lead a team of seasoned economists at a well-performing institution with a long-term vision,” said Coiteux. “Economic analysis plays a critical role in finding the best investment opportunities in Quebec and around the world, particularly in such a competitive environment.”
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Émond will be responsible for implementing the Caisse’s Quebec investment strategy, both locally and internationally. As well, alongside the executive committee, he will pilot the strategic planning process for the Caisse’s global activities.
Before joining the Caisse, Émond was at Scotiabank for more than 18 years, notably as head of Quebec’s investment banking group, and more recently as global head of investment banking and Canadian corporate banking, including responsibility for equity capital market operations globally.
After leading the acquisition of Jarislowsky Fraser Ltd., a major Canadian asset management firm, he was the chairman of its board of directors.”Quebec’s companies are facing challenges that require effective partners, both for companies growing internationally and for those that play a strategic role in Quebec’s economy,” said Émond. “I am very happy to join la Caisse to take on this mandate and seize the best investment opportunities on behalf of the depositors, all Quebecers.”
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