Caisse makes leadership changes to address competitive markets ahead

The Caisse de dépôt et placement du Québec is shaking up its leadership team to address a rapidly changing and increasingly competitive market.

Macky Tall, formerly the head of the Caisse’s infrastructure portfolio, will be head of liquid markets and the Réseau express métropolitain project, the 26 station rail system currently under construction in Montreal. In addition, Tall will continue to help the pension fund’s equity and fixed income teams.

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While the Caisse has hired Tall’s replacement, it hasn’t released the name because details of the transition are ongoing. However, it did note in a press release that the new head of infrastructure will start his role on June 1, 2018, and further details will be released in the coming weeks.

In further changes, Maxime Aucoin, previously senior vice-president of total portfolio, will be heading up a new investment strategies and innovation team tasked with idea generation and identification of new investment opportunities.

Claude Bergeron, executive vice-president and chief risk officer, will take on the responsibility of the team managing depositor-related activities, including investment policy framework.

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