Financial assets management Committee

The Financial Assets Management Committee is responsible for monitoring the implementation, respect and updating of the Integrated Financial Assets Management Policy, including the Investment Policy, as well as the policies applicable to the asset classes of the Other Investments sector.

This committee reports twice yearly on its activities to the Board of Directors and makes recommendations when necessary.

Mandate:

• Coordinate and align asset management in the Other Investments sector (in this regard, the committee recommends an overall vision and orientation for financial assets management);
• Monitor performance and changes in the risk-return ratio;
• Ensure the Fonds de solidarité FTQ’s activities are in compliance with all its financial assets management policies and that the Fonds has adequate and sufficient guidelines and procedures.

* Independent members with no affiliation with either the Fonds de solidarité FTQ, the FTQ or its affiliated unions. 
    • Michèle Colpron *

      Michèle Colpron *

      Chair

      Active and respected in her profession for over 25 years, Michèle Colpron has 10 years of international business experience. She has been a board member of the Barreau du Québec’s Fonds d’assurance responsabilité professionnelle since 2012. She also chairs its Investment Committee and sits on its Audit Committee.

      During her 12 years at Caisse de dépôt et placement du Québec, Ms. Colpron served as senior vice-president, Financial Management, ensuring sound management of the organization’s treasury and coordinating its financing activities on bond markets. In that role, she was also accountable for the Caisse’s performance. Prior to that, she oversaw operations as vice-president, Investment Administration. In a previous position as vice-president, Private Equity & Administration, Ms. Colpron was in charge of the Caisse’s private equity investments.

      Prior to joining the Caisse, Ms. Colpron was with Merrill Lynch Bank (Suisse) and before that served as CFO at Standard Chartered Bank in Switzerland. Her foray into the international began as an audit manager for Ernst & Young in London and Hong Kong.

      Michèle Colpron is a certified corporate director, duly accredited by Université Laval, and a member of the Ordre des comptables professionnels agréés du Québec. She holds a Bachelor of Business Administration from HEC Montréal.

    • Gaétan Morin

      Gaétan Morin

      Gaétan Morin has been President and Chief Executive Officer of the Fonds de solidarité FTQ since 2014. A member of the Fonds team since 1989, Mr. Morin held a variety of roles in the organization before becoming president, including Executive Vice-President, Corporate Development and Investment, Senior Vice-President, Natural Resources and Consumer Goods, Investment Director, Portfolio Manager and Financial Adviser.

      Before joining the Fonds, Mr. Morin worked in business financing for various securities brokers, including Pemberton Securities and Saumier Morrisson et associés. Prior to this, he served as Project Manager for a number of mining companies and for the Ministère des Ressources naturelles du Québec.

      Gaétan Morin sits on the boards of the Fonds de solidarité FTQ, SSQ Financial Group, the Fondation de l’entrepreneurship and the Cercle des présidents du Québec. In 2005, he was awarded the Prix Mérite Ressources by the Ordre des géologues du Québec.

      He holds a bachelor’s degree in finance and geology, as well as a master’s degree in economic geology from the Université du Québec à Montréal (UQAM).

    • Marie-Hélène Noiseux*

      Marie-Hélène Noiseux*

      An actuary by profession, Marie Hélène Noiseux has been working in academia for some 20 years, teaching finance to Executive MBA students in Québec, Europe and Asia. In addition to holding a full professorship in the Department of Finance of UQAM’s École des sciences, she is an EMBA lecturer at Université Paris-Dauphine and China University of Mining and Technology, and teaches MBA courses at Groupe Sup de CO La Rochelle business school. 
       
      Ms. Noiseux began her career as an actuary at Groupe Sobeco before briefly moving to CIBC. She embarked on her academic career in 1994, teaching first in the Department of Finance of Concordia University and then in the same department at the University of Ottawa. In 1997, she became a professor of finance at ESG-UQAM, where she assumed various management functions, including heading the EMBA in financial services  and heading the Department of Finance.

      Concurrent with and in addition to her teaching activities, she is a member of various pension committees, investment committees and boards of directors of various institutions, in particular, National Bank of Canada, the Québec Emerging Manager Program, Finance Montréal, Québecor Média, the Fonds de solidarité FTQ and the STM pension fund, to name just a few.

      Holder of a Bachelor of Mathematics (actuarial science) from Université de Montréal, she also earned an MBA from HEC Montréal and a PhD in Business Administration with a specialization in finance and a minor in Economics from Concordia University. An Associate of the Society of Actuaries (ASA), she also holds a certificate in corporate governance (ASC) from the Université Laval’s Collège des administrateurs de societies.
    • Michel Parenteau

      Michel Parenteau

      Michel Parenteau has 33 years’ experience in the labour movement. He was assistant director and interim director of the Canadian Union of Public Employees (CUPE) after serving as the union’s privatization and public-private partnerships advisor and national advisor. From 2009 to 2012, he also served as coordinator for the public and parabolic sectors at the Fédération des travailleurs et travailleuses du Québec (FTQ).

      During his career, Mr. Parenteau has sat on the Board of the Institut de recherche en économie contemporaine (IRÉC), the Management Committee of the public and parapublic employee pension plan (RREGOP) and the advisory board on services to retirees and indexation issues set up by the Commission de l’administration publique. He was also leader of the New Democratic Party, Québec section, between 1989 and 1992.

      Michel Parenteau holds a bachelor’s degree in economics with a minor in political science from Université du Québec à Montréal.

    • Roger A. Renaud*

      Roger A. Renaud*

      Roger A. Renaud has over 12 years of experience as CEO of investment management firms, as well as extensive experience serving on the boards of Canadian and international corporations.
       
      Mr. Renaud was President (Canada) and then Global Chief Operating Officer of Manulife Asset Management,  a company with over $450 billion of assets under management. He was actively involved in the merger of the Canadian operations of Standard Life Investments with Manulife Asset Management and chaired the Global Operations Committee.
       
      For over 20 years, he held various high-level positions, including President of Standard Life Investments and Senior Vice-President, Group Savings and Retirement at Standard Life of Canada.
       
      Mr. Renaud has been a board member of the Centre de théâtre d’aujourd’hui since 2013. For more than 10 years he chaired the organizing committee of the “Action 21” charity event, lending his support to the Down Syndrome Research Foundation. He was also a frequent speaker on investment- and pension plan-related topics at various industry forums.
       
      Mr. Renaud holds a B.Sc. in actuarial science and is a certified financial analyst (CFA). He also completed the Program for Management Development at Harvard Business School and the Directors Education Program at McGill University.
    • Michel Thérien *

      Michel Thérien *

      Michel Thérien has served on the Asset Management Committee of the Fonds de solidarité FTQ since 2003 and is a board member of Addenda Capital.

      Mr. Thérien has been a consultant since 2001, specializing in strategic planning, acquisitions and disinvestments. He was president and CEO of Desjardins-Laurentian Financial Corporation.

      Previously, he held, over a period of almost 20 years, numerous management positions within Desjardins Group, where he acquired extensive experience in management and governance of various types of companies as well as in-depth knowledge of the Canadian financial services sector. He also worked at Caisse de dépôt et placement du Québec, Téléglobe Canada and as a management consultant and project leader for the World Bank and other international corporations.

      Michel Thérien earned an MBA from Université de Montréal in 1974.