The Ontario Teachers’ Pension Plan will nominate its outgoing president and chief executive Claude Lamoureux to BCE’s board of directors, according to a newspaper report.

The Globe and Mail reports that the nomination will take place once the pension fund and its partners—Madison Dearborn Partners and Providence Equity Partners—complete the takeover of the telecom firm.

Last month, Teachers’ announced that Lamoureux would be replaced in December with Jim Leech, currently the head of the fund’s private equity unit.

The BCE acquisition is expected to close in the first quarter of 2008.

For more about the BCE deal, check out our special section, The Rise of Private Equity. To read it, click here.

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