Sylvain Paré has been appointed the new executive vice president, finance, at Canadian private equity and venture capital firm Fonds de solidarité FTQ. He replaces Michel Pontbriand, who has retired. Paré joined the Fonds de solidarité FTQ in 2006. He previously worked in senior positions at the Fédération des caisses Desjardins, Desjardins Financial Corp and Netgraphe, a subsidiary of Québecor Média Inc. Based in Montréal, Fonds de solidarité FTQ manages net assets of $10.5 billion.
Sylvain Paré Appointed Executive Vice-President, Finance, of the Fonds de solidarité FTQ
Montréal, January 16, 2015 – Gaétan Morin, President and Chief Executive Officer of the Fonds de solidarité FTQ, is pleased to announce the appointment of Sylvain Paré as Executive Vice-President Finance, at the Fonds, effective January 1, 2015. Mr. Paré is replacing Michel Pontbriand, who retired after 19 years with the organization. In his role as Executive Vice-President Finance, Mr. Paré will sit on the Fonds’ Management Committee.
Prior to joining the Fonds in 2006, Mr. Paré held senior positions at the Fédération des caisses Desjardins, Desjardins Financial Corporation and Netgraphe, a subsidiary of Quebecor Media, after having occupied financial positions at the Royal Bank of Canada.
“I am pleased to welcome Sylvain Paré to the senior management team of the Fonds de solidarité FTQ. With his knowledge of issues related to the Fonds’ finances, acquired over the last nine years within the organization, Sylvain was the natural choice for this position,” said Mr. Morin.
“I would like to thank Michel Pontbriand for his immense contribution to the success of the Fonds de solidarité FTQ. As head of Finance for the last 19 years, Michel was a trustworthy colleague who was extremely devoted to the Fonds and its mission,” concluded the Fonds’ chief executive.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ helps drive our economy. With net assets of $10.5 billion as of November 30, 2014, the Fonds is a development capital fund that channels the savings of Quebecers into investments in all sectors of the economy to help create and maintain jobs and further Québec’s development. The Fonds is a partner, either directly or through its network members, in more than 2,450 companies. With more than 600,000 shareholder-savers, the Fonds helps create, maintain and protect more than 172,000 jobs. For more information, visit www.FondsFTQ.com.
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