The Caisse de dépôt et placement du Québec is making a number of personnel changes as part of its response to the economic challenges.
“At the beginning of the year, it was clear that the challenges of the next decade would be very different from the last decade’s challenges,” said Charles Emond, president and chief executive officer of the Caisse, in a press release. “Since then, in only a few weeks, the world as we know it has transformed. It’s even more important to have increased agility in our decision-making processes and closer coordination in all aspects of strategy and managing our assets.
“With these appointments and changes to our structure, we can fully leverage the talent of our people. Regrouping our teams within strong business units will increase our efficiency and ability to seize more opportunities.”
Macky Tall is head of its new real assets and private equity business unit. In the new position, he’ll oversee the organization’s international private equity, infrastructure and financing solutions teams. Tall is also taking on the chairmanship of the board of directors of Ivanhoé Cambridge, the Caisse’s real estate subsidiary, where Nathalie Palladitcheff will remain president and CEO.
Helen Beck is executive vice-president and head of equity markets. In the role, she’ll lead the group and will also join the fund’s executive committee. And Kim Thomassin is executive vice-president and head of Quebec investments and stewardship investing, leaving aside her previous role as executive vice-president of legal affair and secretariat.
Finally, the Caisse is expanding the mandate of its chief economist Martin Coiteux, setting him the task of developing the main pillars of the firm’s strategy while working closely with the executive committee and other teams.