CDPQ welcomes new members to subsidiaries' board of directors

CDPQ welcomes new members to subsidiaries’ board of directors | Insurance Business Canada

Insurance News

CDPQ welcomes new members to subsidiaries’ board of directors

The two have made a significant impact to the development of the organization

Insurance News

By
Abigail Adriatico

Caisse de dépôt et placement du Québec (CDPQ), the investment group with a number of insurance interests, has announced the appointment of Rana Ghorayeb and Martine Rivard as the newest members of the board of directors of CDPQ Infra, its subsidiary.

Emmanuel Jaclot, the chair of CDPQ Infra’s board of directors who was appointed last July, eagerly welcomed the two in their new posts.

“We are delighted to welcome to the board of directors Rana Ghorayeb and Martine Rivard, who are recognized for their strategic impact on the development of organizations. Their contribution will be significant at a time when the organization is growing and taking on major projects,” said Jaclot.

Who are Rana Ghorayeb and Martine Rivard?

Ghorayeb first joined CDPQ in 2012 as the executive vice president of its infrastructure team. Since that role, she has been responsible for building partnerships as well as conducting investments internationally.

In 2019, she was the president and chief executive officer of Otéra Capital, which was a commercial real estate lender under CDPQ. Recently, Ghorayeb was appointed as the executive vice president and head of real estate at CDPQ.

Prior to her time with CDPQ, Ghorayeb worked at JP Morgan Asset Management in London. She has a Master of Science degree in finance from New York University as well as a Master of Engineering degree in construction management and a Bachelor of Arts degree in urban planning from Concordia University.

Rivard, meanwhile, garnered experience in leading human resources and employee experience departments in companies such as VIA Rail Canada, CSL Group, and Air Liquide Canada. She is currently part of the board of directors of dairy product manufacturer Agropur as well as its human capital, technology, and governance committees.

She received her Bachelor’s degree in industrial relations from the Université de Montréal and earned her “Rotman Directors Education Program, Management” and “HR and Compensation Committee Effectiveness” certifications from the University of Toronto – Rotman School of Management.

CDPQ manages several public and parapublic pension plans as well as insurance plans in Quebec as an institutional investor. Its subsidiaries include CDPQ Infra, Ivanhoé Cambridge, and Otéra Capital. CDPQ Infra serves as the owner-operator of major infrastructure projects such as the Réseau express métropolitain (REM).