Finance Montreal and the International Financial Centre of Montreal Tuesday announced the appointment of Mario Albert as the new CEO of both organizations.

Albert will begin his mandate on April 1. He succeeds
outgoing Eric Lemieux, the outgoing CEO.

Albert previously assumed the role of CEO at Investissement Quebec, an economic development agency. From 2011 to 2013, he acted as CEO of the Autorité des marches financiers (AMF), Quebec’s financial markets regulator. Albert also served in various senior roles at the AMF from 2007 to 2011.

He began his career at the federal Dept. of Finance Canada where he held different positions from 1982 to 1994, including that of director, Canadian economic forecast. He then worked at the Ministère des Finances du Québec from 1994 to 2007 where he assumed several functions leading up to his work as Assistant Deputy Minister, Budgetary Policy and Economics.

“Mr. Albert is a leader with notable qualifications who has held key positions in Quebec’s financial services industry. His appointment is testimony to the commitment of Finance Montréal’s members to develop and promote our local industry,” Claude Séguin, chairman of the Board, Finance Montreal.

Finance Montreal is Quebec’s financial cluster. It was created by province’s the financial community at the invitation of the Quebec government of and includes banks, financial companies, government bodies (the Government of Quebec, the City of Montreal and the Metropolitan Community of Montreal), the Autorité des marchés financiers and six Quebec universities.

The International Financial Centre of Montreal works to develop Montreal as a financial hub on the world stage.