Michael Sabia of Caisse de dépôt et placement du Quebec is part of this year's Wealth Professional Canada's Host List.
Caisse de dépôt et placement du Quebec
Appointed as president and CEO of CDPQ in 2009, Michael Sabia had his term renewed until 2021 earlier this year. The former head of BCE was regarded as a safe pair of hands for the pension fund when he came into the role, and that has proven the case – the institution has shown consistent growth under his tenure. Its most recent results showed asset growth of $111.7 billion over the past five years, for an annualized return of 10.2%. The fund’s assets now stand at $270.7 billion, and Sabia is striving to build on that number, putting a particular focus on Quebec’s digital economy.
Appointed as president and CEO of CDPQ in 2009, Michael Sabia had his term renewed until 2021 earlier this year. The former head of BCE was regarded as a safe pair of hands for the pension fund when he came into the role, and that has proven the case – the institution has shown consistent growth under his tenure. Its most recent results showed asset growth of $111.7 billion over the past five years, for an annualized return of 10.2%. The fund’s assets now stand at $270.7 billion, and Sabia is striving to build on that number, putting a particular focus on Quebec’s digital economy.
