The Autorité des marchés financiers (AMF) has appointed Louis Morisset as president and CEO for five-year term, effective July 2.
Morisset takes over from Mario Albert. Albert, who led the AMF since 2011, is leaving to join Investissement Québec as CEO.
Morisset has been with the AMF since 2006, most recently as superintendent, securities markets, overseeing the securities and derivatives markets in Quebec, including exchanges, clearing houses and self-regulatory organizations that operate in the province.
In 2011 and 2012, he oversaw the work that led to the approval by AMF of the acquisition of TMX Group by Maple Group.
He has also been an active participant on behalf of the AMF at the Canadian Securities Administrators (CSA) and the International Organization of Securities Commissions (IOSCO).
“Louis Morisset has a strong track-record of accomplishment at the AMF and we congratulate him on his appointment to head this important organization. We look forward to continuing our close collaboration with the AMF and to working with Mr. Morisset and his team to further develop a world-class derivatives and financial services sector in Quebec,” said Alain Miquelon, president and CEO of Montreal Exchange.
Prior to joining the AMF, Morisset was a partner in the law firm Stikeman Elliott LLP where he gained extensive experience in securities law and corporate finance in Canada, the United States and Europe.
He is a member of the board of directors of the Institute for Governance of Private and Public Organizations, Finance Montreal, Quebec’s financial cluster and the Institute of structured and derivative financial instruments of Montreal. He is also a member of the Supervisory Board of the Accounting Standards (CSNC).
Morisset graduated in law from the University of Montreal in 1995, and was called to the Quebec Bar in 1996.