The Caisse de dépôt et placement du Québec has renewed the mandate of president and chief executive officer Charles Emond for a five-year period concluding Feb. 6, 2029.

In a press release, Jean St-Gelais, chair of the Caisse’s board of directors, noted during the last four years under Emond’s leadership, the investment organization “has delivered solid results in an atypical environment marked by unusual market conditions.

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“In this context and supported by his team, he introduced key strategic changes to the portfolio to generate results. . . . At the same time, [the Caisse] significantly grew its assets in Québec and mobilized its teams around several structuring projects in real estate and infrastructure.”

In order to meet its objectives amid a turbulent global economy, the Caisse will continue to evolve as an organization, noted Emond in the release. “We’re facing tremendous challenges. The global environment has been volatile and uncertain since 2020 — and that will continue. . . . We’re privileged to work for an institution whose unique signature — constructive capital — is a great calling card that opens doors to the best partners and best opportunities around the world.”

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