Rousseau leaves Quebec fund

Henri-Paul Rousseau, president and CEO of the Caisse de Depot et Placement du Quebec, Montreal, left the C$155.4 billion (US$157 billion) fund. Mr. Rousseau is expected to become vice chairman of the boards of Montreal-based Power Corp. of Canada and Power Financial, a unit of Power Corp. and parent of Putnam Investments, effective Jan. 1, according to a joint news release by Power and the Caisse. He will remain on the Quebec fund’s board through Aug. 31. Richard Guay, Caisse CIO, was named interim president and CEO while a search is conducted for a permanent replacement.