Mr. Gignac has amassed a wealth of experience over 30 years in the public and private sectors, including serving as a Member of the National Assembly and Minister in the Quebec government. Before entering politics, in 2009 Mr. Gignac served as special advisor to the Deputy Minister of Finance in Ottawa, and officially represented Canada on a G20 task force. He holds a Master’s degree in economics from Université Laval.

During the previous 20 years, Mr. Gignac acted as an economic consultant and strategist for several prominent financial institutions, notably as Vice-President and Chief Economist at National Bank Financial from 2000 to 2008. During this period, Mr. Gignac was regularly named one of Canada’s top three economists/strategists in the Brendan Wood annual survey of portfolio managers. He was elected President of the Association des économistes québécois (ASDEQ) by his peers in 2008. In 2012, he was asked to chair the committee on competitiveness at the World Economic Forum in Davos. Mr. Gignac is a standing member of the Conference of Business Economists, which meets in Washington, D.C. three times a year to discuss key issues affecting economies across the globe. The group also has annual meetings with U.S. Federal Reserve officials to discuss the U.S. and global economic outlook.

Beginning October 2012, Mr. Gignac held the position of Senior Vice-President and Chief Economist at Industrial Alliance Investment Management Inc. Starting in March 2019, Mr. Gignac took on the role of First Vice-President, Diversified Funds and Chief Economist at Industrial Alliance Investment Management Inc. He serves as President of the Asset Allocation Committee and portfolio manager for the above mutual funds.

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Clément's philosophy

Clément employs a flexible and diligent asset allocation process that focuses on analysis of global economic and market conditions. He vigilantly and prudently manages risk using a variety of tools, including options strategies, to help reduce the exposure of his funds to potential market downturns.


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