The Caisse de dépôt et placement du Québec is appointing a new board of directors for the CDPQ Infra, its subsidiary that serves as principal contractor for major infrastructure projects.
Charles Emond, president and chief executive officer at the Caisse, has been appointed chair of the board, while Jean-Marc Arbaud, who was recently appointed president and CEO of the CDPQ Infra, has been named a director. Emmanuel Jaclot, executive vice-president and head of infrastructure at the Caisse, is also joining the board, along with Sophie Lussier, vice-president and head of legal affairs and Guillaume Aubert, managing director of asset management and evaluation.
The new board also includes three independent members with technical and operational expertise in developing and managing transportation infrastructure projects, according to a press release, which noted the CDPQ Infra is currently overseeing construction of the Réseau express métropolitain and is in the planning-and-development phase of the REM de l’Est.
Jean-Marc Charoud brings more than 30 years of transportation sector experience, including 10 years with the Régie Autonome des Transports Parisiens, which operates and maintains public transit in the French capital. Jeremy Long joins the board with more than 40 years of experience, including 15 years as CEO for European business at MTR Corp., a Hong Kong-based company which specializes in the design, development and operation of railways and subway systems.
And Marie-Lucie Morin brings extensive international diplomatic experience and understanding of transportation issues, having held high-level positions in the Government of Canada and, most recently, at the World Bank, the release said.
“The extensive expertise and solid track records of the external members we’re appointing nicely complement those of our [Caisse] representatives,” said Emond, in the release. “More diverse experience and complementarity will strengthen the governance of this fast-growing organization and better support the teams who are executing the projects currently under way.”