and Head of Fixed Income and Active Overlay Strategies
As Executive Vice-President and Head of Fixed Income and Active Overlay Strategies, Marc Cormier oversees the teams that invest in fixed-income securities. He is also in charge of bond investments and is responsible for the teams implementing active overlay strategies in the financial markets. He is a member of CDPQ’s Executive Committee. He also sits on the Investment-Risk Committee, Investment Management Committee and IT-Operations Strategic Committee. Since November 2014, he has been a member of the Board of Directors of Otéra Capital.
Mr. Cormier has more than 20 years of experience in the banking and investment industries. At CDPQ since 1997, he has held various positions as director and vice-president with the fixed-income investment team. He was previously Senior Vice-President, Provincial Market and Financing. As such, he managed the portion of the Bond portfolio invested in securities issued by the governments of various Canadian provinces, including the Québec government. He was also responsible for short-term investment and financing operations.
He previously worked for several French financial institutions in Montréal and Paris, including Crédit Lyonnais, where he served as Treasurer, and Crédit commercial de France. He holds a Master of Business Administration from Université Laval and an advanced graduate diploma in finance from the Université de Aix en Provence, as well as a Master of Applied Economics, with a major in finance, from the Université de Rennes.
Mr. Cormier has been a member of the Board of Directors of the Montreal Institute of Structured Finance and Derivatives since 2012.