Canada Infrastructure Bank Welcomes Pierre Lavallée as President & CEO

As CEO, Mr. Lavallée will lead Canada Infrastructure Bank’s strategy and day-to-day operations, and report to the board.

Over the last six years, he has held various roles at Canada Pension Plan Investment Board (CPPIB), most recently Senior Managing Director & Global Head of Investment Partnerships, where he led a team managing approximately $94 billion of assets. Prior to joining CPPIB, Mr. Lavallée was Executive Vice-President at Montreal-based Reitmans (Canada) Limited and a Partner with Bain & Co., where he worked for more than 18 years, including several years as Managing Partner for Canada. In addition, he has previous international trade experience in Ottawa and Japan.

As announced earlier, Canada Infrastructure Bank appointed Annie Ropar to the position of Chief Financial Officer and Chief Administrative Officer, effective June 1, 2018.

With the appointment of these key leaders, Canada Infrastructure Bank is building the expert team, systems and processes needed to make investments, advise governments across Canada on revenue-generating infrastructure projects, and collect and share infrastructure data to enable more effective decision-making.

Bruno Guilmette, who has been serving as interim Chief Investment Officer, will return to the board on June 1, 2018 and will continue working with the incoming Chief Executive Officer during the leadership transition. Mr. Guilmette was appointed to the board of directors in November 2017 and stepped down temporarily while serving as interim CIO.