MONTREAL, July 26, 2012 /CNW Telbec/ - Ivanhoé Cambridge announced today the appointment of Denis Couture as Executive Vice-President, Public and International Affairs. In addition to public affairs, his responsibilities will include industry and governmental relations on an international basis. He will play a strategic counsel role with respect to Ivanhoé Cambridge's global repositioning. This appointment is effective immediately. He will also oversee the transition of his role at the Caisse de dépôt et placement du Québec.
"I am very pleased that Denis has accepted to join our team. Ivanhoé Cambridge will benefit from his solid experience in the international arena at a time where our organization is in the midst of a global repositioning," said Daniel Fournier, Chairman and Chief Executive Officer of Ivanhoé Cambridge. "Denis has a thorough understanding of the real estate sector and the challenges inherent to organizations operating worldwide; his expertise will be key to the execution of our strategic plan."
"I am extremely pleased to join the ranks of Ivanhoé Cambridge and to renew my ties with the industry," said Mr. Couture. "I am already acquainted with many of Ivanhoé Cambridge's challenges and opportunities and I am ready to start working and make a contribution as soon as possible."
"Over the past few years, Denis has made an important contribution to the execution of our strategic objectives, and I want to thank him for that. I am very pleased that we will continue working together through his new position at Ivanhoé Cambridge, where he will play a key role in the success of their strategic plan," said Michael Sabia, President and Chief Executive Officer of the Caisse de dépôt et placement du Québec.
Mr. Couture has held several senior executive positions including as Executive Vice-President, Public Affairs with the Caisse de dépôt et placement du Québec and as Senior Vice-President, Corporate and International Affairs, with Brookfield Asset Management. He was also responsible for communications and governmental relations at Domtar and for external communications at Air Canada.
About Ivanhoé Cambridge
Ivanhoé Cambridge is one of the world's 10 largest real estate companies. As at December 31, 2011, its assets totalled more than C$30 billion and could be found in over 20 countries around the world. Headquartered in Montreal, Quebec, Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et placement du Québec (lacaisse.com), one of Canada's leading institutional fund managers. For more information, visit Ivanhoécambridge.com.
SOURCE: IVANHOE CAMBRIDGE
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