Projects are subject to a systematic assessment by a committee of independent experts, external and internal specialists. The Committee then recommends the acceptance of certain projects, based on established priorities and available funds. These recommendations are then subject to the approval of the Advisory Board and the President and CEO of the AMF.
From left to right : Jannick Desforges, Luc St-Arnault, Patricia Hanigan, Komlan Sedzro and Louise-Marie Brousseau.
Biographical Notes of the Fund Assessment Committee
Luc St-Arnault has a diversified background as a corporate director and senior executive in both the private and the public sector. He was Manager at the Canadian Imperial Bank of Commerce, Vice President at BNP Canada Inc., and Regional Vice President for Québec and the Atlantic Provinces at the National Westminster Bank of Canada. He has also worked for the Québec's Department of Finance as General Director of Crown corporations and for Export Development Canada.
Mr. St-Arnault is a past member of the Québec Committee of the Canadian Bankers Association and has been a board member for Saint Anne's University in Nova Scotia, Société de développement immobilier du Québec and Place Desjardins Inc., where he was also Chair of the Audit Committee.
From 1996 to 1998, as President of the International Financial Services Institute, he formed a consortium with PricewaterhouseCoopers, Lévesque Beaubien Geoffrion Inc. and Langlois Gaudreau, a law firm, to conduct major mandates in Algeria. These mandates included establishing a securities commission, developing a secondary market for governmental bonds and setting up a stock exchange.A mandate for establishing a regional stock exchange in Western Africa was also conducted.
In 1999, he undertook a mandate with the Canadian International Development Agency for the establishment of financial services in Poland. Since then, he has also participated in a World Bank mission in Morocco to implement a financial aid program to support small and medium sized export businesses.
From 2001 to 2014, Mr. St-Arnault was Executive Director and member of the board of directors at the Institute of Finance Mathematics of Montreal (IFM2), an organization that supported advanced training for practicing professionals and developed fundamental and applied finance mathematics research programs in Québec with the Université du Québec à Montréal, Université de Montréal, HEC Montréal, McGill University, Concordia University, Université Laval and Université de Sherbrooke.
Mr. St-Arnault is member of the Assessment Committee of the Fund of Education and Good Governance at the Autorité des marchés financiers. He is also a board member of Fonds de recherche du Québec - Nature et technologies (FRQ-RNT) and a member of its Audit Committee. He is also Certified Corporate Director and President of The International Finance Club of Montréal.
Since 2007, Me Jannick Desforges has served as Director, Institutional Affairs and Professional Practice Compliance at the Chambre de l'assurance de dommages (ChAD). The mission of ChAD is to help ensure the protection of the public in the areas of damage insurance and claims adjustment. It oversees the mandatory continuing professional education of the 14,000 damage insurance agents and brokers and claims adjusters who are members of ChAD, and the enforcement of the code of ethics and professional conduct governing its membership.
A graduate from HEC at the University of Montréal in business administration (BBA) and a member of the Barreau du Québec (Québec Bar) since 1996, Me Desforges headed for ten years the legal affairs department of Option consommateurs, a non-profit consumer rights organization. In this capacity, she took part in numerous conferences and was a member of various working committees at the provincial and federal levels.
As well, Me Desforges has taught at the University of Québec in Montréal (UQAM) and has sat on the board of directors of Régie du bâtiment, Éducaloi and the Fondation Claude Masse.
Patricia Hanigan has been an education consultant since 2013. She was Executive Director of Collège de Rosemont from 2006 to 2013. Under her governance, the college was recognized as a transfer centre in innovative social practices in the area of social responsibility and eco-citizenship.
Ms. Hanigan earned a criminology degree from the University of Montréal and has authored a book on youth in difficulty. She is highly involved in the college community: She served a one-year term as Commissioner of the Commission d'évaluation de l'enseignement collégial (college education evaluation commission) and chaired the Conseil d'administration de la Fédération des cégeps (board of directors of the federation of CEGEPs) from 2008 to 2011.
Ms. Hanigan has served on science award juries. She is or has been a member of the board of directors of several non-profit organizations and social economic enterprises and she is passionate about governance issues.
Komlan Sedzro is currently Professor, Finance Department and Director of the Doctorate in Administration program at the School of Management of University of Québec at Montréal (ESG-UQAM). Dr. Sedzro earned a PhD in Finance-Insurance from Laval University in 1992. He joined UQAM in 1998, where he served as Director of the Master of Science in Applied Finance program and the specialized graduate diplomas in finance and financial derivatives programs from 2000 to 2007.
Dr. Sedzro has a broad range of research interests encompassing such areas as governance and performance evaluation of financial and microcredit institutions, optimal portfolio allocation, including alternative investments such as hedge funds, real estate and commodity derivatives, and the application of operational research methods in finance. He has published numerous articles and given presentations at various international conferences on these topics.
He has also organized several international conferences, including the Administrative Sciences Association of Canada's 2011 annual conference and international hedge fund conferences in 2004, 2005 and 2007 in partnership with the Institut de Finance Mathématique de Montréal (IFM2). Dr. Sedzro has often been asked to evaluate articles for scientific reviews and has regularly served on scholarship committees, such as that of IFM2 and Fondation de l'UQAM.
Louise-Marie Brousseau has worked in management, communications and philanthropy for more than 30 years. She has acquired solid file management experience and expertise in public affairs, internal and external communications, sponsorships, donations and advertising through positions at major Québec and Canadian private companies, in particular, as Executive Director of Desjardins Foundation, Senior Manager at Desjardins Group and Associate Vice-President of RBC Royal Bank – Québec Division.
Ms. Brousseau began her career as a journalist and researcher at Radio-Canada/CBC and an information agent for different Québec government ministries, including the Ministry of Industry, Trade and Tourism and the Ministry of Communications.
A graduate of the University of Montréal, Ms. Brousseau is an accredited member of the Société québécoise des professionnels en relations publiques (Québec society of public relations professionals) and the Canadian Public Relations Society. She is a past member of the Comité de normalisation des organismes sans but lucratif of the Bureau de normalisation du Québec (Standardization of non-profit organizations committee of the Québec standardization board). She serves on the board of directors of the Ordre des ergothérapeutes du Québec (Québec order of occupational therapists), the board of directors and governance committee of the Fondation du Collège de Montmorency of Laval (Montmorency College foundation), the board of directors and executive committee of radio station Radio Ville-Marie and the board of directors of Groupe Femmes, Politique et Démocratie (Women, Politics and Democracy). Ms. Brousseau also contributes to various strategic ad-hoc committees, in particular for the Montréal Women's Y Foundation, Tel-Jeunes and the Lighthouse, Children and Families.
Ms. Brousseau is a certified corporate director, having completed the university corporate governance certification program at Laval University's Collège des administrateurs de sociétés.