Clément Gignac has joined the management team of Quebec City-based Industrial Alliance Insurance and Financial Services Inc. as senior vice president and chief economist, effective December 3.
Gignac, who holds a master’s degree in economics from Laval University, is a seasoned financial strategist and communicator with 30 years experience in both the private and public sectors. He spent the majority of his career at the National Bank, rising to the position of vice president and chief economist. In 2009, he took up public service and most recently was Minister of Natural Resources for the province of Quebec.
In his role at Industrial Alliance (TSX:IAG), Gignac will serve as spokesperson on economic matters to both the company’s wealth management marketing networks and their clients as well as to the media. He will also work closely with Industrial Alliance portfolio managers on the development of asset allocation strategies for individual investment funds.
“Clément joins our senior management team at an exciting time in our development,” says Yvon Charest, president and CEO of Industrial Alliance, noting that the firm’s assets under management in the retail sector represent more than $18 billion.