JEAN-GUY DESJARDINS AS CHAIRMAN OF THE BOARD, CEO AND NOW PRESIDENT OF FIERA CAPITAL AND ADDITIONAL STRATEGIC ROLES FOR JOHN VALENTINI
AND FRANÇOIS BOURDON
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR
DISSEMINATION IN THE UNITED STATES/
MONTREAL, May 31, 2017 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Firm"), a leading independent investment management firm, is pleased to announce that Jean-Guy Desjardins, Chairman of the Board and Chief Executive Officer, will now assume the position of President of Fiera Capital.
As part of his new role as President and CEO, Jean-Guy Desjardins is announcing two important appointments: John Valentini and François Bourdon are being entrusted with increased responsibilities and expanded roles. John Valentini has been appointed Executive Vice President, Global Chief Financial Officer and President of the Private Alternative Investments division and François Bourdon has been appointed Global Chief Investment Officer. Starting today, both will report directly to Jean‑Guy Desjardins.
"The sustained growth of Fiera Capital has led us to review the structure of our management team and of our Private Alternative Investments division in a more formal way and with established leadership," said Jean‑Guy Desjardins, President and Chief Executive Officer of Fiera Capital. "As founder of Fiera Capital, it is always an honour for me to promote talented people from within our organization, such as John Valentini and François Bourdon. They represent the Firm of today and of tomorrow."
As President and CEO, Jean-Guy Desjardins, will directly oversee the Canadian, U.S. and European divisions, as well as Bel Air Investment Advisors LLC. As a result, he will be called upon to play a strategic role as Chairman of the Board for each division and will work increasingly alongside the management teams in terms of corporate and organizational development. Mr. Desjardins will also oversee human resources and corporate communications and investor relations.
John Valentini is appointed Executive Vice President, Global Chief Financial Officer and President of the Private Alternative Investments division. He will continue to act as Global Chief Financial Officer overseeing finance, information technology, legal affairs and risk management. In his new role as President of the Private Alternative Investments division, he will be leading the development of the division. Mr. Valentini will sit on the boards of directors and will serve as Chairman of Fiera Properties Limited, Fiera Infrastructure Inc. and Fiera Comox Partners Inc. He will be a member of the board of directors of Fiera Private Lending Inc. In addition, he will now chair Fiera Capital's Strategic Development Committee (Mergers and Acquisitions).
François Bourdon is being entrusted with the responsibility of global investment management activities. As Global Chief Investment Officer, Mr. Bourdon will oversee the Firm's investment policies and strategies as well as aspects of risk management, operations and governance across all of Fiera Capital's investment activities. For the Canadian division, he will continue to manage private financing strategies, global bonds and income funds, while continuing to focus on infrastructure funds, real estate and private investments as well as remain an expert spokesperson on economic and investment matters.
About Fiera Capital Corporation
Fiera Capital is a leading independent asset management firm with more than CAD$122 billion in assets under management as at March 31, 2017. The Firm provides institutional, retail and private wealth clients with access to full-service integrated money management solutions across traditional and alternative asset classes. Clients and their portfolios derive benefit from Fiera Capital's depth of expertise, diversified offerings and outstanding service. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange. www.fieracapital.com
In the U.S., asset management services are provided by the Firm's U.S. affiliates, Bel Air Investment Advisors LLC and Fiera Capital Inc., investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC). Further, Charlemagne Capital (UK) Limited and Charlemagne Capital (IOM) Limited are both registered as investment advisers with the SEC. Registration with the SEC does not imply a certain level of skill or training. Charlemagne Capital (UK) Limited is authorized and regulated by the Financial Conduct Authority in the United Kingdom, and Charlemagne Capital (IOM) Limited is licenced by the Isle of Man Financial Services Authority. Additional information about Fiera Capital Corporation, including the Firm's annual information form, is available on SEDAR at www.sedar.com.
SOURCE Fiera Capital Corporation