11 January 2016

5N Plus appoints vice-chairman of National Bank of Canada as its chairman

The board of directors of specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has announced the appointment of Luc Bertrand as its new chairman. He succeeds Jean-Marie Bourassa, who will continue to serve on the board and as chair of the Audit & Risk Management Committee (a position he already holds).

5N Plus provides purified metals such as bismuth, gallium, germanium, indium, antimony, cadmium, selenium and tellurium, and also produces related II-VI semiconducting compounds such as cadmium telluride (CdTe), cadmium sulphide (CdS) and indium antimonide (InSb) as precursors for the growth of crystals for solar, LED and eco-friendly materials applications.

Bertrand is vice-chairman of National Bank of Canada (a position he has assumed since February 2011), where he is responsible for developing and maintaining relations with corporate, institutional and government clients in Canada. He also acts as strategic advisor to management, particularly on matters pertaining to government relations and capital market regulations.

During his career, Bertrand has held various management positions in the financial services industry. From 2000 to 2009, he was president & CEO of Montreal Exchange Inc and held the position of VP & managing director of Institutional Equity Sales at National Bank Financial from 1998 to 2000.

Bertrand is also an active member of boards of directors and industry committees. He currently serves on the board of the International Finance Centre of Montréal, and is also chairman of the board of the Montreal Canadiens/CH Group Inc. Bertrand also serves on the board of TMX Group and was previously CEO of Maple Group Acquisition Corp. In recent years, he has been a director of the Canadian Derivatives Clearing Corp, vice-chairman of the board of the Boston Options Exchange, chairman of the board of the Montréal Climate Exchange, and a director of the Natural Gas Exchange.

"Luc Bertrand is greatly respected in the business community having, among other things, consolidated Canada's international standing in the derivatives market when he was with Montreal Exchange Inc, and having lead different consortiums which were successful in acquiring the TMX Group in 2012 and the Montreal Canadiens/CH Group in 2009," say Jacques L'Ecuyer, retiring president & CEO of 5N Plus, and Jean-Marie Bourassa, chairman of the Audit & Risk Management Committee.

"I am very pleased by the nomination of Luc Bertrand, who is very well established in the financial markets," says upcoming president & CEO Arjang Roshan. "This will facilitate my work and will be most beneficial for 5N Plus," he believes. "I look forward to working with him as we lead the Company towards its next phase of development." 

See related items:

5N Plus appoints senior VP of Umicore's Electro-Optic Materials as president & CEO

5N Plus' co-founder, president & CEO L'Ecuyer steps aside

5N Plus grows 10.7% in 2014, despite Q4 slump in commodity pricing

Tags: 5N Plus

Visit: www.5nplus.com