TSX Group Inc. today announced a significant strengthening of the company’s national operations and its Montreal presence with the hiring of Richard Nadeau as senior vp, Toronto Stock Exchange.

Nadeau’s role will be to build and expand the national and international listings business of the exchange. His staff will service the 1,537 companies listed on TSX.

Nadeau, who will be based in Montreal, will be a member of the senior management team. He will join TSX Group on March 13.

In announcing Nadeau’s appointment, Richard Nesbitt, CEO of TSX Group, said this a major step in the evolution of TSX Group from a Toronto-based stock exchange to a national company. He noted that the company has a presence in Vancouver, Calgary, Winnipeg and Montreal as well as Toronto and that two exchanges – TSX Venture Exchange and subsidiary Natural Gas Exchange (NGX) – are headquartered in Calgary.

“We now have a greater and more effective presence in Montreal than at any time in our history,” Nesbitt said. “We look forward to tapping Richard’s energy and leveraging his 20 years of experience in the financial industry to grow our listing business both domestically and abroad.”