Hugo Drouin has been appointed vice president of investments of Quebec City-based SSQ Financial Group, the company said Tuesday.
Reporting directly to the CEO, Drouin, whose appointment is effective April 1, 2013, will also oversee the financing and mortgage team.
As senior director of investments since 2010, Drouin has managed the investments for the group’s general funds, participating in the development of asset/liability strategies, and managing investment risk exposure in addition to his role as investment expert on investment committees and boards of directors.
He also played a key role in the implementation of the new finance and realty division.
A Fellow of the Society of Actuaries (FSA) and of the Canadian Institute of Actuaries (FCIA), Drouin began his career at SSQ in 1989 as an actuarial analyst. Later he went on to being director of Investments and then senior director of investments.
“Hugo Drouin has a remarkable track record that made him a perfect candidate for the position of vice president of Investments. His thorough knowledge of investment management and risk assessment are valuable assets that have contributed to the excellent results of SSQ Financial Group,” said René Hamel, CEO.
With over $3 billion in annual revenue and over $10 billion in assets under management, SSQ Financial Group is a leading mutual diversified financial institution in Canada.