Mr. Claude Séguin becomes the new Chairman of the Board of Finance Montréal

MONTRÉAL, March 21, 2014 /CNW/ - At the last Finance Montréal Board of Directors meeting, Board members designated Mr. Claude Séguin, Senior Vice-President, Corporate Development and Strategic Investments at CGI, as new Chairman of the Board. Mr. Séguin succeeds outgoing Chairman Mr. Jean Houde, who was Finance Montréal's first and only Chairman of the Board of Directors since its inception in 2010.

"I am honoured by this nomination and by the Board members' trust," said Mr. Séguin. "Throughout my career, I have always had a great interest in the development of Montréal, whose financial industry employs thousands of people. I therefore look forward to contributing my experience to support Finance Montréal's mission. With the help of the Board of Directors and the Board of Governors, and in collaboration with CEO Eric Lemieux, I intend to carry on the concrete efforts engaged since 2010 to bring together key financial sector players in the Greater Montréal Area and the province of Québec to work toward a common goal: reinforce and raise the profile of our financial services industry. In this regard, I would like to commend outgoing Chairman Jean Houde for his tremendous work. He made it possible to realize the vision behind Finance Montréal, that of a neutral organization serving the interests of the entire financial community and helping develop the financial assets specific to Montréal. Under Mr. Houde's leadership, Finance Montréal grew quickly; it now has 23 Governor Members and 13 Associate Members. I feel it is important to highlight this remarkable accomplishment and congratulate Mr. Houde on it," concluded Mr. Séguin.

"I would like to thank Finance Montréal for allowing me to be its Chairman of the Board," said Jean Houde. "Implementing such an organization was a real challenge for me which I took on with great interest. When I think of all the progress accomplished, both in Québec and throughout the world, I am confident that we are on the right track, and that the tangible benefits resulting from Finance Montréal's work positively impact our entire financial industry and, on a larger scale, the Québec economy as a whole. I would like to thank the members of the Board of Finance Montréal for their trust, and especially for their ongoing commitment to Finance Montréal's projects. I would also like to underscore the sustained contribution of the entire Finance Montréal team to fulfilling its mission. Finally, I would like to mention the unwavering support of the International Financial Centre of Montréal Board members, in particular its Chairman Mr. Jacques Girard, who were strategic allies in the creation of Finance Montréal and whose collaboration was not only exemplary but also very pleasant. I wish great success to these two organizations," concluded Mr. Houde.

About Finance Montréal

Finance Montréal, Québec's financial cluster, was created in 2010 by players in the financial services industry at the invitation of the Québec Government. Finance Montréal's mission is to enhance Montréal's reputation as a strong, innovative and world-class financial hub. The organization helps strengthen Québec's financial sector by generating growth in high-value-added financial activities strategic to its development. Finance Montréal brings together 23 Governor Members, 13 Associate Members and close to 100 volunteer professionals. It fosters cooperation among a vast range of financial sector companies to watch over the industry's common interests while raising awareness of the financial specializations found in Montréal. To learn more about Finance Montréal, visit www.finance-montreal.com.

SOURCE Finance Montréal

For further information: Matthieu Cardinal, Director of Communications, Finance Montréal, 514-287-1540 ext. 227, matthieu.cardinal@finance-montreal.com, www.finance-montreal.com