La Capitale appoints new CEO

par Andrew Rickard | April 07 2016 10:11AM

Jean St-Gelais

Jean St-Gelais will be the new chairman of the board and chief executive officer of La Capitale.

La Capitale announced on April 4 that it had appointed St-Gelais to succeed René Rouleau as the company's chairman and CEO. Rouleau is retiring after having held the position since 2009.

St-Gelais first joined La Capitale's board of directors in 2015. In the past he has served as secretary-general and clerk of the Quebec government's executive council, president and CEO of Revenu Québec, and president and CEO of Quebec’s securities regulator, the Autorité des marchés financiers. St-Gelais will take up his new role on May 2.

La Capitale was founded in 1940 as a fraternal benefit society for civil employees in Quebec. The mutual company now has more than 2,690 employees and offers its insurance products and financial services to the general public as well as to those who work in the province’s public service sector.