A program developed and taught by the two program co-directors, renowned professionals and specialized professors.
Academic program co-directors
Professor and Director of the Department of Finance, HEC Montréal
Jacques Lemay
Jacques Lemay has been a visiting professor at HEC Montréal since 2009, and Director of the Department of Finance since 2019. He teaches courses in securities trading ethics and regulation, governance, acquisition and restructuring, risk capital and innovation funding. He participates in the HEC’s governance bodies, including the Academic Council and the Research Ethics Board.
Jacques is a lawyer by training and a member of the Quebec Bar. He has an MBA from HEC Montréal and a Master of Laws from Université de Montréal. Among other things, he is interested in the connection between ethics and law. Before joining the HEC in 2009, he was an investment banker in the securities industry for 19 years. Over the course of his banking career, he was involved with the securities industry self-regulatory organization. He has since been a hearing panel member for the organization’s disciplinary matters.
Professor and Chair in Governance and Business Law at the Faculty of Law, Université de Montréal
Stéphane Rousseau
Stéphane Rousseau is a Professor and Chair in Governance and Business Law at the Faculty of Law, Université de Montréal. He has a Doctorate of Laws degree from the University of Toronto, and is a renowned expert in corporate law, corporate governance and capital market law.
A member of the Quebec Bar, Stéphane is an independent director on the Board of Directors of the Chambre de la sécurité financière. He is also a member of the Montréal Exchange’s disciplinary committee and the Investment Industry Regulatory Organization of Canada’s disciplinary panel. Stéphane received the Advocatus Emeritus (Ad. E.) distinction, which recognizes professional excellence. In 2019, he was awarded the Paul-André Crépeau Medal for his contribution to the advancement of the international dimension of private and commercial law in Canada.
Academic program co-directors
Professor and Director of the Department of Finance, HEC Montréal
Jacques Lemay
Jacques Lemay has been a visiting professor at HEC Montréal since 2009, and Director of the Department of Finance since 2019. He teaches courses in securities trading ethics and regulation, governance, acquisition and restructuring, risk capital and innovation funding. He participates in the HEC’s governance bodies, including the Academic Council and the Research Ethics Board.
Jacques is a lawyer by training and a member of the Quebec Bar. He has an MBA from HEC Montréal and a Master of Laws from Université de Montréal. Among other things, he is interested in the connection between ethics and law. Before joining the HEC in 2009, he was an investment banker in the securities industry for 19 years. Over the course of his banking career, he was involved with the securities industry self-regulatory organization. He has since been a hearing panel member for the organization’s disciplinary matters.
Professor and Chair in Governance and Business Law at the Faculty of Law, Université de Montréal
Stéphane Rousseau
Stéphane Rousseau is a Professor and Chair in Governance and Business Law at the Faculty of Law, Université de Montréal. He has a Doctorate of Laws degree from the University of Toronto, and is a renowned expert in corporate law, corporate governance and capital market law.
A member of the Quebec Bar, Stéphane is an independent director on the Board of Directors of the Chambre de la sécurité financière. He is also a member of the Montréal Exchange’s disciplinary committee and the Investment Industry Regulatory Organization of Canada’s disciplinary panel. Stéphane received the Advocatus Emeritus (Ad. E.) distinction, which recognizes professional excellence. In 2019, he was awarded the Paul-André Crépeau Medal for his contribution to the advancement of the international dimension of private and commercial law in Canada.
Co-Creators and Joint Community Outreach Leads
Corporate Director, Ethics and Compliance Expert
Ginette Depelteau
Director, Compliance and Risk Management Division, Université de Montréal
Simon Denault
Simon Denault is a lawyer who earned his MSc in management from HEC Montréal. He has 15 years of leadership and advisory experience in ethics, governance and government affairs.
He is currently in charge of compliance and risk management for the Université de Montréal. He was also one the driving forces behind the creation of the Certification in Ethics and Compliance program at Executive Education HEC Montréal and sits on the program’s education committee.
Former roles include management positions with the Caisse de dépôt et placement du Québec and prominent professional associations. He has also served on the boards of several charitable organizations.
Sponsor
Former Chief Ethics Officer, L’Oréal
Emmanuel Lulin
A law graduate of Université de Paris I and II and the University of Chicago, and a lawyer since 1988, Emmanuel Lulin practised at Debevoise & Plimpton in Paris and New York (1989-1999), and then joined L’Oréal in 1999 as Group General Counsel for Human Resources. In 2007, he set up the Office of the Group Chief Ethics Officer.
Emmanuel’s achievements in the field of ethics are internationally recognized as visionary and innovative:
- First non-American to receive the Carol R. Marshall Award for Innovation in Corporate Ethics from the Ethics & Compliance Initiative in Washington, DC (2015)
- Recognized by the UN as a UN Global Compact SDG Pioneer for Advancing Business Ethics (2018)
- First recipient of the Prix d’Excellence comme Influenceur Éthique award from Université de Cergy Pontoise (2018)
- First non-American to receive the Bill Daniels Being A Difference Award from the National Association of State Boards of Accountancy’s Center for Public Trust (2019)
- On the Attorneys Who Matter list as Top Ethics & Compliance Officer (2012, 2014 and 2017)
Emmanuel Lulin very actively promotes business ethics:
Director of the Ethics Resource Center (since 2016), the Ethics & Compliance Officer Association (2007-2012) and the Cercle d’Éthique des Affaires (2011-2017); former Chair of the Conference Board’s Global Council on Business Conduct; One Young World Advisor (since 2016); former member of the ethics committee of the Agence Française du Développement; UN Global Compact Expert (since 2018); member of Deloitte’s trust and governance think tank (since 2018), President of the Observatoire de la responsabilité sociétale des entreprises (ORSE) work group “Ethique, Responsabilité et Stratégie” (2017).
In 2007, he spearheaded the first master’s degree in business law and ethics at Université de Cergy-Pontoise; in 2012, he created the Club des Professionnels de l’Éthique; in 2016, he inspired the creation of ThinkH+, a virtual think tank about transhumanism, at the Clinique du droit de Sc-Po Paris.
Since 2013, to help promote business ethics based on values, Emmanuel Lulin has given over 110 Master Classes in various major academic and business institutions on every continent. He has also been interviewed over 100 times by major media outlets on every continent.
Since 2007, Ethisphere has recognized L’Oréal as one of the world’s most ethical companies ten times. In 2019, L’Oréal was given top ranking by Covalence among 6,600 global companies for its ethics. L’Oréal won the Grand prix de la Transparence award for its ethical charter (2017 and 2018), the Prix d’excellence Gouvernance Éthique award (2018) and the Prix d’excellence Leadership Éthique award (2018).
Co-Creators and Joint Community Outreach Leads
Corporate Director, Ethics and Compliance Expert
Ginette Depelteau
Director, Compliance and Risk Management Division, Université de Montréal
Simon Denault
Simon Denault is a lawyer who earned his MSc in management from HEC Montréal. He has 15 years of leadership and advisory experience in ethics, governance and government affairs.
He is currently in charge of compliance and risk management for the Université de Montréal. He was also one the driving forces behind the creation of the Certification in Ethics and Compliance program at Executive Education HEC Montréal and sits on the program’s education committee.
Former roles include management positions with the Caisse de dépôt et placement du Québec and prominent professional associations. He has also served on the boards of several charitable organizations.
Sponsor
Former Chief Ethics Officer, L’Oréal
Emmanuel Lulin
A law graduate of Université de Paris I and II and the University of Chicago, and a lawyer since 1988, Emmanuel Lulin practised at Debevoise & Plimpton in Paris and New York (1989-1999), and then joined L’Oréal in 1999 as Group General Counsel for Human Resources. In 2007, he set up the Office of the Group Chief Ethics Officer.
Emmanuel’s achievements in the field of ethics are internationally recognized as visionary and innovative:
- First non-American to receive the Carol R. Marshall Award for Innovation in Corporate Ethics from the Ethics & Compliance Initiative in Washington, DC (2015)
- Recognized by the UN as a UN Global Compact SDG Pioneer for Advancing Business Ethics (2018)
- First recipient of the Prix d’Excellence comme Influenceur Éthique award from Université de Cergy Pontoise (2018)
- First non-American to receive the Bill Daniels Being A Difference Award from the National Association of State Boards of Accountancy’s Center for Public Trust (2019)
- On the Attorneys Who Matter list as Top Ethics & Compliance Officer (2012, 2014 and 2017)
Emmanuel Lulin very actively promotes business ethics:
Director of the Ethics Resource Center (since 2016), the Ethics & Compliance Officer Association (2007-2012) and the Cercle d’Éthique des Affaires (2011-2017); former Chair of the Conference Board’s Global Council on Business Conduct; One Young World Advisor (since 2016); former member of the ethics committee of the Agence Française du Développement; UN Global Compact Expert (since 2018); member of Deloitte’s trust and governance think tank (since 2018), President of the Observatoire de la responsabilité sociétale des entreprises (ORSE) work group “Ethique, Responsabilité et Stratégie” (2017).
In 2007, he spearheaded the first master’s degree in business law and ethics at Université de Cergy-Pontoise; in 2012, he created the Club des Professionnels de l’Éthique; in 2016, he inspired the creation of ThinkH+, a virtual think tank about transhumanism, at the Clinique du droit de Sc-Po Paris.
Since 2013, to help promote business ethics based on values, Emmanuel Lulin has given over 110 Master Classes in various major academic and business institutions on every continent. He has also been interviewed over 100 times by major media outlets on every continent.
Since 2007, Ethisphere has recognized L’Oréal as one of the world’s most ethical companies ten times. In 2019, L’Oréal was given top ranking by Covalence among 6,600 global companies for its ethics. L’Oréal won the Grand prix de la Transparence award for its ethical charter (2017 and 2018), the Prix d’excellence Gouvernance Éthique award (2018) and the Prix d’excellence Leadership Éthique award (2018).
Trainers
Trainers
Vice President and Chief Compliance and Privacy Officer, Desjardins
Marie-Andrée Alain
A lawyer by training who was called to the bar in 2009, Marie-Andrée Alain has held a variety of roles at Desjardins Group in compliance, privacy and financial crime since 2010.
She has been in her current position of Vice-President and Chief Compliance and Privacy Officer since 2020. In 2021, she was also appointed to oversee money laundering, tax evasion, corruption and fraud operations.
Executive Vice-President and Leader,
Legal Affairs, Compliance and Corporate Secretary, Beneva
Pierre-Marc Bellavance
Pierre Marc Bellavance is Executive Vice-President and Leader, Legal Affairs, Compliance and Corporate Secretary, at Beneva.
After beginning his career in 1995 as a litigator in private practice, he made the leap to the insurance industry in 1998 when he took on an active role, as shareholder and senior executive, in setting up a new insurance company. From 2009 to 2020, he served as Vice-President of Legal Affairs and Corporate Secretary of La Capitale.
In his current role at Beneva — the company created by the merger of La Capitale and SSQ — he acts as a legal and strategic advisor to board members on all matters related to corporate governance, commercial transactions, compliance and litigation.
Mr. Bellavance has been the chair of the Board of Directors of Moi et Ma Planète since January 2020, a board member of Lawyers Without Borders Canada since 2023 and a member of the Barreau du Québec’s Disciplinary Council since 2019. He is also actively involved in various industry associations, including the Insurance Bureau of Canada and the Canadian Life and Health Insurance Association, as a consultant on guidelines and proposed legislation.
Within the community, he is committed to several charitable organizations such as the Fondation Michel-Sarrazin and the Fondation du Séminaire des Pères Maristes and is a major donor to Centraide/United Way. He also serves as a governor of the Fondation Barreau du Québec.
Director Forensic Services, PwC
Anne-Marie Lynda Boisvert
During her 20 years with the Forensic practice, she managed several forensic and investigative cases, including investigations into suspected and alleged frauds, bribery and corruption pursuant to the Foreign Corrupt Practices Act (FCPA) and the Corruption of Foreign Public Officials Act (CFPOA), secret commissions, non-compliance with company policies and other financial irregularities. She conducted and assisted law enforcement agencies in investigations that involved obtaining search warrants, interviewing witnesses and interrogating suspects, establishing facts and circumstances, preparing summaries of evidence and reports, and testifying in court. She also completed several damage quantification and dispute engagements. She has vast international experience, having worked on many international investigations in Europe and Asia.
Director – Corporate Affairs and Governance and Assistant Secretary, Hydro-Québec
Karine Charest
Coming soon
Partner, Advisory — Technology Risk Consulting, KPMG
Jean-François De Rico
Jean-François De Rico is a specialist in privacy, information security and IT risk management.
He advises organizations on matters related to IT governance frameworks, risk planning, regulatory compliance, policy writing, electronic communications, cybersecurity, electronic document management, and IT supply and procurement.
A leader in the field of digital transformation, he is highly accomplished in security incident management and regularly provides counsel on the integration and outsourcing of IT services as well as best practices in due diligence.
Prior to joining KPMG, he was a partner at a major legal firm, where his practice focused on IT, privacy, cybersecurity and intellectual property law, advising top corporate clients in the finance, telecommunications and technology industries.
He is a member of the Barreau du Québec’s group of privacy experts and is listed in the Best Lawyers in Canada and Lexpert directories for information technology and privacy law.
Partner, Fasken
Laurence Déry
Laurence Déry specializes in labour and employment law and is an expert on many individual and collective labour law issues. She intervenes in collective bargaining, drafts collective agreements and contracts of employment, and conducts investigations into psychological harassment and other workplace matters.
She also advises employers on various employment-related issues, such as union certification, the rights and obligations of successor employers, labour standards, termination of employment, clauses restricting employment, workplace absenteeism, and the application and interpretation of collective agreements.
Adjunct Professor, Office of Executive Education, HEC Montréal
Sylvain Lafrance
Associate Professor, Department of Management, HEC Montréal
Joé T. Martineau
Director of Financial Security and Sustainable Development, CDPQ
Frédéric Prat
Frédéric Prat has extensive experience in financial institutions. After attending the Université de Bordeaux, where he earned a post-graduate diploma in banking, finance and international trading, he began his career in municipal and healthcare financing. He subsequently developed his expertise in compliance, risk management and financial crime prevention.
He worked at Desjardins for 13 years, following which he joined CDPQ in 2017, first in risk management and then with the sustainable investing team, where he is currently in charge of financial crime prevention.
Vice-President, Chief Compliance and Privacy Officer, iA Financial Group
Julie Rochette
Prior to joining iA Financial Group, Julie Rochette was Vice-President and Chief Regulatory Officer at the Montreal Exchange.
She holds a bachelor’s degree in civil law from the Université du Québec à Montreal and has been a member of the Barreau du Québec since 1994. Having practised in civil litigation and family mediation until 2000, she went on to gain 20 years of experience in compliance and financial regulatory law, developing high-level expertise in banks and capital markets.
She spent over 10 years as a compliance specialist in financial institutions, six of which were in senior management positions. A born leader, she possesses strong problem-solving skills and wields a high degree of organization-wide influence.
Throughout her prominent career, she has successfully guided executive committees, boards of directors and diverse legal and regulatory bodies in establishing and promoting a culture of compliance.
President, La Société juricomptable inc., FCPA, FCA
Manon Roy
Over the past 20 years, she has conducted multiple financial investigations, and has earned an enviable reputation on the international scene, notably as a result of numerous major investigations conducted in Canada, France and Africa. She has helped various regulatory organizations, in particular the Autorité des marchés financiers (AMF) in Paris and the Haut Conseil du commissariat aux comptes (H3C) in Paris, implement and optimize their investigation methods.
She has helped several companies and organizations examine the main risks of fraud in order to implement effective prevention and detection systems. She has also completed numerous compliance engagements for various companies, financial institutions and regulatory bodies.
Manon Roy is an experienced public speaker and one of the rare authors specializing in forensic accounting. In 2012, she published a first book in French on forensic accounting in collaboration with Guylaine Leclerc, currently the Auditor General of Quebec, and Emmanuel Charrier, Associate Professor at Université Paris-Dauphine. The book, published in Canada and France, examines North American and French financial investigation techniques.
Professor in the Department of Management and the Pierre-Péladeau Chair of Leadership, HEC Montréal
Cyrille Sardais
In collaboration with
Founding members
Partners
En collaboration with
Founding members
Partners
