Board of Directors
Jean-Guy Desjardins is Chairman of the Board and Chief Executive Officer of Fiera Capital Corporation, an independent investment management firm that he created in 2003. The firm has since continued its expansion by way of several acquisitions across North America, Europe and Asia.
After working as a financial analyst and portfolio manager for a life insurance company, Mr. Desjardins co-founded TAL Global Asset Management in 1972 and was its principal shareholder until its purchase by a financial institution in 2001.
Mr. Desjardins is a member of the Board of Directors of the Société de Services Financiers Fonds FMOQ, HEC Montréal, DJM Capital Inc. and the Canadian Institute of Advanced Research.
Mr. Desjardins also supports a variety of community and social programs, in particular as a member of the Council of Governors of Centraide of Greater Montréal. Additionally, he sits on the Investment Committee of the Canadian Centre for Architecture and on the Executive Committee and the Board of Directors of the Orchestre symphonique de Montréal.
Mr. Desjardins graduated from Collège Mont-Saint-Louis in 1966 with a Bachelor of Arts. In 1969, he earned his L.Sc.Comm. (Finance) from HEC Montréal. Mr. Desjardins is also a CFA Charterholder. He was appointed to the Order of Canada in December 2014 and, in 2015, received the CFA Institute Award for Excellence, the highest and most prestigious distinction bestowed by the CFA Institute.
David R. Shaw
David R. Shaw is Founder and Chief Executive Officer of Knightsbridge Human Capital Management Inc., a national human resource firm. Prior to founding Knightsbridge, Mr. Shaw was president and chief executive officer of PepsiCo Canada Beverages from 1996 to 1999. Mr. Shaw is the former chairman of the North York General Hospital Foundation as well as the former chair of the Stratford Chefs School. He currently sits on the Queen’s School of Business Advisory Board, the Junior Achievement of Canada Foundation Board, the Princess Margaret Hospital Foundation Board, the Mother Parkers Tea & Coffee Inc. Board of Advisors and the board of directors of Brick Brewing Co. Limited.
Geoff Beattie is the Chairman and Chief Executive Officer of Generation Capital and Chairman of Relay Ventures. In addition, Mr. Beattie is a director of the General Electric Company, Baker Hughes Incorporated, a GE company, Maple Leaf Foods Inc. and Acasta Enterprises Inc. and retired in 2017 from his position as director of the Royal Bank of Canada. Mr. Beattie is a member of General Atlantic’s Executive Advisory Board. Mr. Beattie served as Chief Executive Officer of The Woodbridge Company Limited and Deputy Chairman of Thomson Reuters from 1998 to 2013. He was also the Chairman of CTV Globemedia from 2004 to 2010. Prior to joining Woodbridge, Mr. Beattie was a partner in the Toronto office of the law firm Torys LLP, and was a vice-president at Wood Gundy from 1987 to 1990. Mr. Beattie received a law degree (JD) from the University of Western Ontario in 1984. Mr. Beattie is the Chairman of the Prosperity Institute at the Rotman Business School at the University of Toronto and a director of the Sports Hall of Fame.
Réal Bellemare is Senior Vice-President, Operations and Performance and member of the management committee of the Desjardins Group. His executive division brings together the functions of the Chief Risk Officer, the Chief Compliance Officer, the Real Estate, Procurement and Desjardins Group Performance Administrative Division and the Project Redesign Executive Division. Mr. Bellemare joined Desjardins Group in 2009 as Vice-President, Corporate Banking and Capital Market Risk and Special Assignments before being named Executive VicePresident (Chief Risk Officer) Risk Management in 2011 and Senior Vice-President, Risk Management the following year. Before arriving at Desjardins, he served as Regional Director (Quebec), Group Risk Management, Commercial Credit & Special Loans at a major Canadian bank. Mr. Bellemare started his banking career in 1990, primarily in the area of commercial banking. Mr. Bellemare has a BA in Finance and an MBA from the École des Hautes Études Commerciales. He sits on the board of directors of the Mental Illness Foundation (since 2004) and the Fédération des chambres de commerce du Québec (since 2013).
Gary Collins is a senior advisor at Lazard Ltd., a global investment bank. In addition, Mr. Collins is a director of Chorus Aviation Inc., D-Box Technologies Inc. and Rogers Sugar Ltd. Mr. Collins has also previously served as a director on the boards of Catalyst Paper Corporation and Liquor Stores North America. Mr. Collins served as the President of Coastal Contacts Inc., a leading online direct-to-customer retailer of contact lenses and prescription eye glasses. In May 2014 Coastal Contacts was purchased by Essilor International. From April 2007 to June 2012 Mr. Collins was Senior Vice President, Corporate Development of Belkorp Industries Inc. Prior to that, Mr. Collins was the President and Chief Executive Officer of Harmony Airways from December 2004 until December 2006. From October 1991 to December 2004 he was a member of the British Columbia Legislative Assembly and served as Minister of Finance from June 2001 to December 2004.
David L. Giunta
David L. Giunta is President and Chief Executive Officer for the U.S. at Natixis Investment Managers, responsible for leading both distribution and the firm’s affiliated investment managers in the region.
Mr. Giunta joined Natixis in January 2008 and was President and Chief Executive Officer of US and Canadian distribution before being elevated to his current role in 2017. He previously worked at Fidelity Investments for 14 years, where he was President of the Fidelity Charitable Gift Fund, a donor-advised fund and one of the largest public charities in the United States. Mr. Giunta also headed Fidelity Charitable Services, a leading provider of administrative and other services to charitable organizations such as private foundations and donor-advised funds, including the Fidelity Charitable Gift Fund. Mr. Giunta joined Fidelity in 1994 as vice president for the Fidelity Personal Investments and Brokerage Group. Later he served as senior vice president in charge of Fidelity’s Eastern Region Investor Centers, director of Fidelity’s Private Wealth Management Products & Services Group and senior vice president of the Fidelity Managed Money Group for Personal Investments.
Prior to joining Fidelity, Mr. Giunta served as an analyst at BankBoston and was assistant vice president of new product development for Putnam Investments. Mr. Giunta received a Bachelor of Science degree in accounting from Bentley College in 1987 and an MBA from Boston College in 1991. He also is a CPA. He currently serves on the boards of trustees at Bentley University and The Partnership, Inc., the Board of Ambassadors for the Home for Little Wanderers, and the Boston Medical Center Philanthropic Trust Board.
Nitin N. Kumbhani
Nitin N. Kumbhani is Vice Chairman and Chief of Growth Equity Strategies, U.S. Division. Mr. Kumbhani founded Apex in 1987 and has over 30 years of investment management experience. He served as CIO of Apex prior to its acquisition by Fiera Capital. Apex Capital Management was founded in 1987 with a singular focus on growth investing. Prior to launching Apex, Mr. Kumbhani started Source Data Systems, a software company which pioneered ATM software. He sold SDS and started Kumbhani and Co. (now Apex) in 1987. Nitin’s background as a developer of technology working with the financial services industry has served him well as a growth stock portfolio manager.
Mr. Kumbhani received his BS in Electrical Engineering and Economics and did graduate studies in Computer Sciences at West Virginia University.
Raymond Laurin, FCA, FCPA, ASC, Adm.A., served Desjardins Group in various key capacities for 32 years, helping to bolster the organization’s financial strength and shape it into Canada’s leading financial cooperative. He was named Chief financial officer of Desjardins Group in May 2008 and one year later, was appointed Senior vice-president, Finance and Treasury and chief financial officer of Desjardins Group. In addition, he served as functional manager of the Desjardins Group Audit and Inspection Commission, the Fonds de sécurité Desjardins, and of the Desjardins Group Pension Plan and its Board of Directors, investment committee, and audit, ethics and compliance committees. In May 2011, he was awarded the prestigious title of Fellow of the Ordre des comptables agréés du Québec in recognition of his distinguished career as a chartered accountant.
Mr. Laurin was appointed senior vice-president and strategic advisor to Desjardins Group management and the Federation in May 2012. In this capacity, he worked hand in hand with his successor to the position of CFO to ensure a smooth transition and also took on various strategic assignments at the behest of Desjardins top management. He retired from Desjardins Group in January 2013.
Guy Masson retired from Stikeman Elliott LLP, in March 2021, where he practiced law for over 40 years, including as Head of the Tax Group from 2000 to 2010. Mr. Masson was a senior counsel and retired partner at Stikeman Elliott LLP at the time of his retirement.
Mr. Masson is also the founder and President of RGM Legal Inc. where he has been practicing law since retiring from Stikeman Elliott LLP. Mr. Masson’s main practice areas are corporate reorganizations, acquisitions and public financings, structuring commercial and tax arrangements between shareholders, partners or members of a joint venture, advising on and securing income tax rulings, advising and dealing with foreign tax authorities or foreign correspondents, advice to high-net-worth families and estate planning (both domestic and international) and tax dispute resolution.
Mr. Masson is a member and former President of the Association de planification fiscale et financière, a founding member of the Tax Symposium Committee for Québec senior tax practitioners, a member of the Canadian Tax Foundation and a Gouverneur de la Fondation du Barreau du Québec. Mr. Masson holds a law degree from Université de Montréal and he is a member of the Québec Bar.
Jean C. Monty
Jean C. Monty began his career at Bell Canada in 1974 and held numerous positions within the BCE group. He joined Nortel Networks Corporation in October 1992 as president and chief operating officer before being nominated president and chief executive officer in March 1993. On April 24, 2002, Mr. Monty, then chairman of the board and chief executive officer of Bell Canada Enterprises (BCE Inc.), retired after a 29-year career. He is a member of the Board and member of the Human Resources Committee of Nokia Corporation. He was a member of the Board of Directors of Bombardier Inc. from 1998 to 2017 and is a member of the Board of Directors of DJM and Fiera Capital Corporation. He is also a member of the International Advisory Board of l’École des Hautes Études Commerciales. He was appointed a member of the Order of Canada for his contribution to business, public interests, and community affairs. In recognition of these achievements, he was elected Canada’s Outstanding CEO of the Year for 1997. In addition, he was inducted into the Académie des Grands Montréalais.
Mr. Monty holds a Bachelor of Arts from Collège Sainte-Marie of Montréal, a Master of Arts in economics from the University of Western Ontario, and a Master of Business Administration from the University of Chicago.
Lise Pistono is a CPA, CA and holds a Master of Commerce (major in econometrics) as well as a Master in Accountancy from HEC.
Throughout her 20 years of teaching experience at HEC, Ms. Pistono has been a member consecutively of the departments of Applied Economics, Quantitative Methods, and Accounting. From 1990 to 1998, she worked in internal audit for Montréal Trust and for Bell Canada. Between 1998 and 2004, she served as senior finance officer for a Bell Canada subsidiary and for a private office furniture and supplies distribution company. For the following two years, she joined KPMG consulting group in supporting organizations’ compliance with requirements of National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings.
Norman M. Steinberg
Norman M. Steinberg is Vice-Chair of BFL Canada, where he also sits on the Board of directors. In addition, Mr. Steinberg is a director of Dorel Industries, Senior Advisor to Persistence Capital Partners, Chair of the McGill University Health Centre Foundation, Chair of the Board of Governors of the Montreal Symphony Orchestra, Co-Chair of Women in Governance, member of the Board of Directors and Organizing Committee of the Australia-Canada Economic Leadership Forum, and Strategic Advisor of Vanadium One Iron Corp.
In the period of 2005 to 2017, Mr. Steinberg served as Co-Chair and then Chair of Norton Rose Fulbright Canada and as Global Chair of Norton Rose Fulbright.
Mr. Steinberg holds a Bachelor of Science and a Bachelor of Civil Law from McGill University in Montréal, Québec.