Canada Infrastructure Bank (CIB) has hired François Lecavalier as head of project development effective December 3.
Lecavalier has nearly 30 years of experience leading infrastructure and private equity projects in Canada and Europe. He joins CIB from Business Development Bank of Canada (BDC), where he was a senior vice president and oversaw the $600 million Cleantech Scale Up Initiative.
Before then, he served as vice president of SNC-Lavalin Capital.
CIB is led by President and CEO Pierre Lavallée, formerly the global head of investment partnerships at Canada Pension Plan Investment Board.
Canada Infrastructure Bank names François Lecavalier Head of Project Development
TORONTO, Nov. 6, 2018 /CNW/ – Pierre Lavallée, President and Chief Executive Officer of Canada Infrastructure Bank, is pleased to announce that François Lecavalier is joining the organization as Head of Project Development effective December 3, 2018.
Mr. Lecavalier has almost 30 years of experience leading infrastructure and private equity projects in Canada and Europe. His expertise includes origination and execution of corporate finance deals, portfolio management, business development and corporate governance. He will lead a team whose mandate will be to provide advisory services to public proponents of infrastructure projects, incubate new projects from idea to bankability, build and maintain a national inventory of new infrastructure projects, and codify global best practices on developing new infrastructure.
“François adds depth and breadth to our team as he is deeply familiar with leading infrastructure and private equity projects,” said Mr. Lavallée. “We will count on his expertise to advise on potential investments, incubate new projects, and create a national inventory of potential infrastructure projects.”
Most recently Mr. Lecavalier was Senior Vice President at the Business Development Bank of Canada where he fostered an integrated approach to the development of new products and services for entrepreneurs across Canada and managed BDC’s $600-million Cleantech Scale Up Initiative. Prior to this, Mr. Lecavalier held the position of Vice President of SNC-Lavalin Capital and various positions at the London-based European Bank for Reconstruction and Development.
About Canada Infrastructure Bank
Canada Infrastructure Bank attracts private sector and institutional investment and co-invests in new revenue-generating infrastructure projects that are in the public interest. By engaging the expertise and capital of the private sector, the Bank will help provide more infrastructure for Canadians.
For more information, visit cib-bic.ca.
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