Fiera Capital Announces Executive Appointments

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JEAN-PHILIPPE LEMAY APPOINTED TO GLOBAL PRESIDENT AND CHIEF OPERATING OFFICER

VINCENT DUHAMEL APPOINTED TO BOARD OF DIRECTORS AS VICE CHAIRMAN 

MONTREAL, March 19, 2020 /CNW Telbec/ - Fiera Capital Corporation (TSX: FSZ) ("Fiera Capital" or the "Firm"), a leading independent asset management firm is pleased to announce the appointment of Jean-Philippe Lemay as Global President and Chief Operating Officer, effective today. Mr. Lemay succeeds Vincent Duhamel who is appointed as Vice Chairman of the Board of Directors of Fiera Capital. Mr. Duhamel, who was instrumental in implementing the 2022 Strategic Plan, will transition his management responsibilities as a member of the Board while remaining involved as we transition into another phase of our strategic plan.

Mr. Lemay will oversee the Canadian, U.S. and European divisions of the firm and join the internal boards of directors of Fiera Private Alternative Investments and Bel Air Investment Advisors. Fiera Private Alternative Investments as well as corporate functional units such as Finance, Legal and Compliance, Global Human Resources and Corporate Communications report directly to Jean-Guy Desjardins, Chairman and Chief Executive Officer.

"Mr. Lemay has grown and evolved within our organization since 2012. He has demonstrated superior leadership capabilities and knowledge of the investment management industry having successfully led the Canadian Division since 2017. This makes him perfectly suited to oversee our operations worldwide as our new Global President and Chief Operating Officer," said Jean-Guy Desjardins, Chairman and Chief Executive Officer of Fiera Capital. "He is well-respected both within the Firm and externally, and is committed to continue growing our organization responsibly and profitably. I am especially proud to see a talent as solid and unique as Mr. Lemay evolve within our firm."

"It is an honor and a privilege to take on this expanded challenge alongside a talented team of professionals committed to investment excellence and to providing trusted investment advice to our clients. I am confident that our broad and high-quality investment platform across public and private markets is exceptionally well suited to deliver superior investment outcomes across different economic cycles," said Mr. Lemay.

Jean-Philippe Lemay has some 20 years of industry experience. In addition to leading the Canadian division, his prior experiences at Fiera Capital include positions as senior portfolio manager – liability-driven investments, as well as Chief Investment Officer. Jean-Philippe graduated from Université Laval with a Bachelor of Science (B.Sc.), majoring in Actuarial Sciences. He later received a Master's in Financial Mathematics (M.Sc.) from Stanford University, and also became a Fellow of the Society of Actuaries (FSA) and a Fellow of the Canadian Institute of Actuaries (FCIA). In addition, he acquired the title of Chartered Alternative Investment Analyst (CAIA) in May 2017.

"As Fiera Capital is entering into a new phase of its development with a strategic plan well underway, I am pleased to continue contributing to the success of the organization and supporting Jean-Guy Desjardins in a different capacity as Vice Chairman of the Board," said Mr. Duhamel. "Jean-Philippe has demonstrated superior management skills and I will be pleased to support him in his new challenges."

About Fiera Capital Corporation
Fiera Capital is a leading independent asset management firm with approximately C$169.7 billion in assets under management as of December 31, 2019. 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 who are investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. For details on the particular registration of, or exemptions therefrom relied upon by, any Fiera Capital entity, please consult this webpage

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