Overlord Financial Inc. has shuffled its executive line-up following the passing of founder Marcel Tremblay.

Claude Blanchet became president and CEO effective January 1. Blanchet was chairman of the board and CEO of the Société générale de financement du Québec. He also was founder, president and CEO of the Fonds de solidarité des travailleurs du Québec (FTQ).

Blanchet has an MBA and is well known in Québec, Canada and the European business community. He has been a member of many public and private boards of directors including Saputo, Cascade, Domtar and others. Concurrent with his appointment Blanchet was granted 200,000 stock options at market.

Blanchet joins senior officers Kirk Purdy, executive vp of Overlord and president of subsidiary companies, Juno Canada Holdings Ltd. and Sword Management Inc.; and Larry Titley, vp and CFO of Overloard and treasurer of a number of its subsidiaries.

Jean-Guy Lambert was appointed chairman of the board of Overlord. Lambert is chairman, president and CEO of Dacha Capital Inc., a merchant bank based in Montreal. His previous positions include president and CEO of Intermont Inc., an oil and gas corporation and vp and portfolio manaager, pension funds investments, for a number of large financial institutions.

Lambert was an active board member of the Enerplus Group of Companies and a valued colleague of Overlord’s former founder and chairman Marcel Tremblay.

In addition, Eric Tremblay was appointed to Overlord’s board of directors effective January 17. Tremblay resides is the senior vp, capital markets of Enerplus Resources. He graduated in 1988 from Ryerson University in Toronto with a Bachelor of Engineering degree in Aerospace Engineering and pursued a career as a structural design engineer in the North American aerospace industry and has held positions with British Petroleum, Canadair (a subsidiary of Bombardier Inc.) and the Boeing Airplane Company prior to joining Enerplus. Concurrent with his appointment, Tremblay was granted 100,000 stock options at market.