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

      Michèle Colpron has been well known in her profession for nearly 30 years and has more than 10 years of international experience. She has been a corporate director since 2012.

      During her 12 years at Caisse de dépôt et placement du Québec, Ms. Colpron was Senior Vice-President, Financial Management, ensuring sound management of the organization’s treasury activities and coordinating financing activities on bond markets. She was also responsible for the organization’s performance measurement for its portfolios and strategies. Prior to that, she was Vice-President, Investment Administration, responsible for the Caisse’s private equity operations, and also served as Vice-President, Finance and Administration, for the private equity portfolios.

      Internationally, she served as Chief Financial Officer of Standard Chartered Bank and Merrill Lynch Bank in Switzerland. She started her career in auditing at Ernst & Young, working in Montréal, London and Hong Kong.

      She currently sits on the boards of Québecor Inc. and the Infrastructure Bank of Canada and is Vice-Chair of the Investment Industry Regulatory Organization of Canada (IIROC).

      Holder of a Bachelor of Business Administration from HEC Montréal, she is a Fellow of the Order of Chartered Professional Accountants and a chartered corporate director.

      Ms. Colpron joined the Fonds de solidarité FTQ Board of Directors in December 2012.

    • Daniel Boyer

      Daniel Boyer

      Vice-President

      After serving as secretary general of the FTQ from 2010 to 2013, Daniel Boyer was elected president during the organization’s 30th convention in November 2013.

      Born in Lachine in 1958, Daniel Boyer has been a member of the Fédération des travailleurs et travailleuses du Québec since 1978. He was, in turn, vice-president and president of his local union, and union advisor to local 298 (FTQ) of the Syndicat québécois des employées et employés de service (SQEES), before becoming secretary general in 1999 and president in October 2007.

      A committed union activist, he was involved in demonstrations against the 1982 decrees in the public sector. He then became actively involved in the SQEES-298 (FTQ) before being hired as a union advisor in 1985. He travelled across Québec to defend the members he represented, as an advocate, spokesperson in public sector bargaining, national coordinator of the ambulance sector and coordinator of public sector bargaining for the FTQ. When he became president of the SQEES-298 (FTQ), Daniel Boyer sought new challenges. He worked tirelessly to achieve pay equity for female public sector workers.

      Daniel Boyer is First Vice-Chair of the Board of Directors and a member of the Fonds de solidarité FTQ Executive Committee.

      He also serves on the Executive Committee of the Canadian Labour Congress and on the General Council of the International Trade Union Confederation.

      He is a member of the Comité consultatif du travail et de la main-d'œuvre (CCTM) and sits on the board of the Commission des normes, de l'équité, de la santé et de la sécurité du travail (CNESST).

      Daniel Boyer holds a degree in physical education and industrial relations from Université de Montréal.

    • Janie C. Béïque

      Janie C. Béïque

      Ms. Béïque joined the Fonds de solidarité FTQ in 2000 as Vice-President, Legal Affairs, and Corporate Secretary. She joined the investment sector in 2008, where she served in turn as Senior Vice-President, New Economy, and Senior Vice-President, Natural Resources, Industries, Entertainment and Consumer Goods. In 2017, she was promoted to Chief of Investments and Strategic Investment Initiatives. Drawing on this experience and her many accomplishments, she was one-year later appointed Executive Vice-President, Investments. In 2021, she became the first woman be nominated as President and Chief Executive Officer of the Fonds.
       
      Holder of a law degree from Université de Montréal, Ms. Béïque was called to the Barreau du Québec in 1991. In 2005, she was named by L’Expert magazine as one of the Top 40 Corporate Counsel Under 40. In 2014, she won the ZSA award in the “Accomplishment and Business Strategy” category. She has been a member of the Institute of Corporate Directors since 2012 and in 2015 earned an MBA from Georgetown University and ESADE University. In 2016 and 2018, she was named an “Innovation Leader” by the Government of Canada and asked to moderate roundtables in Quebec and the Maritimes with a view to helping the federal government develop its innovation strategy.
       
      Ms. Béïque sits on the board of Groupe CH, Groupe Functionalab, the Orchestre symphonique de Montréal and Aéro Montréal.
    • Sophie Leblanc*

      Sophie Leblanc*

      Ms. Sophie Leblanc is Chief Investment Officer and Treasurer of McGill University.  Ms. Leblanc has more than 23 years of experience in investments and capital markets and currently oversees a diversified portfolio of assets for the McGill Pension members and for the McGill Endowment Fund. In addition to her responsibilities for all facets of the investment and treasury function, she actively participates in the development of the responsible investment strategy of the University

      Prior to joining McGill, she spent 14 years at Bombardier where she held a Manager position in the Treasury and subsequently as Director, Investments for Bombardier Pension Plans worldwide. She began her career as analyst in Portfolio Management at Caisse de dépôt et placement du Québec where she was able to apply portfolio optimization concepts developed in her master’s thesis.

      Ms. Leblanc holds a master’s degree in Operational Research from HEC, a Bachelor’s degree in Business Administration from Université Laval and the CFA designation. She is also a member of the Montreal CFA Society, a board member of Finance Montreal and investment committee member for the Native Benefits Plan. She has also been involved for 8 years in presiding the Golf tournament for the benefit of La Maison Marguerite

    • 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.
    • 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.
    • Claude Turcot*

      Claude Turcot*

      Thirty-five years ago, Claude Turcot was a driving force behind the introduction of Liability Driven Investments (LDI) in Canada. He is an expert in developing and implementing sophisticated risk management solutions. He built and led one of the most successful LDI teams in Canada,  including its expansion abroad, making it the global centre for risk reduction at Manulife Investment Management.

      Over the years, Mr. Turcot and his team have been responsible for quant-driven mandates such as LDI, quantitative equity management, bond and equity index funds, as well as for developing new quantitative products, solutions and tools. He has played a leading role in implementing risk management programs for variable annuities and market-linked GICs. He also introduced the use of derivatives at Standard Life Canada.

      Claude Turcot was a member of the Board of Directors of the Canadian Derivatives Clearing Corporation (CDCC) for more than 15 years. He also served on the Board of Directors of Standard Life Investments Inc.

      Mr. Turcot holds a master’s degree in mathematics and a bachelor’s degree in actuarial science from Université Laval. In addition to being an associate member of the Canadian Institute of Actuaries (CIA) and the Society of Actuaries (ASA), he is a Chartered Financial Analyst (CFA).