MONTREAL, Feb. 23, 2012 /CNW Telbec/ - The Business Development Bank of
Canada (BDC) is pleased to announce that Pierre Cléroux recently joined
the organization as Vice President, Economic Analysis. His appointment
to this new position will help BDC take its analysis of economic trends
even further and increase its understanding of their impact on Canadian
"Mr. Cléroux has extensive experience with issues affecting small and
medium-sized businesses and the economic environment entrepreneurs have
to deal with," said Jean-René Halde, BDC President and CEO. "His
contribution will help BDC to develop financing solutions and
consulting services that are ever more tailored to the reality of
entrepreneurs and provide practical support in their efforts to
innovate and grow."
Pierre Cléroux has more than 25 years of experience, mainly in the
public sector. Before joining BDC he worked for the government of Saudi
Arabia as Vice President, Business Analysis in the National Industry Clusters Development Program. His role was to create
program strategies, define sector policies and do financial and
economic analyses of industrial projects.
Prior to that, Mr. Cléroux was the Quebec Assistant Deputy Minister for
Economic Development, Innovation and Export Trade, responsible for the
implementation of economic policies and programs to support small and
medium-sized businesses and encourage entrepreneurship. He also worked
for 12 years at the Canadian Federation of Independent Business in
various roles including economist and Quebec Vice President.
He holds a BA and Master's degree in Economics from Université Laval,
and an MBA from the Massachusetts Institute of Technology.
Canada's business development bank, BDC puts entrepreneurs first. With
almost 1,900 employees and more than 100 business centres across the
country, BDC offers financing, subordinate financing, venture capital
and consulting services to 29,000 small and medium-sized companies.
Their success is vital to Canada's economic prosperity.
SOURCE BUSINESS DEVELOPMENT BANK OF CANADA
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