Fondaction and the Bâtirente and Fondaction Combination is appointing as Stéphan Morency as president and chief executive officer, effective April 13, 2026.

He was previously executive vice-president of strategy and planning at Fondaction in 2024 and served as chief investment officer at the organization from 2019 to 2024. Morency’s appointment concludes a two-year leadership transition process.

Read: Bâtirente appointing Vickie Lavoie as COO

“We have a strong lever at our disposal: the ability to empower people by pooling their savings collectively and investing them in businesses, organizations and projects that have a positive impact and help to build the world they want,” Morency said in a press release.

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