Fiera Capital Names Interim Global CEO as Maxime Ménard Takes Medical Leave — Board Signals Stability During Transition
Fiera Capital announced that Maxime Ménard, Global President and Chief Executive Officer, is taking a medical leave of absence, effective immediately, and the firm expects Mr. Ménard to return to his role. The board has named Gabriel Castiglio, Executive Director and Global Chief Operating Officer, as Interim Global Chief Executive Officer.
What happened at Fiera Capital?
The company confirmed that Maxime Ménard is on a medical leave of absence, effective immediately, and that the board expects him to resume his duties in the future. In response, the Board of Directors appointed Gabriel Castiglio as Interim Global Chief Executive Officer, effective immediately. Mr. Castiglio previously served as Executive Director and Global Chief Operating Officer and has been with the company since 2019. The leadership team will work closely with Mr. Castiglio to ensure continuity across all areas of the business.
Who is Gabriel Castiglio and what will his role be?
Gabriel Castiglio, named Interim Global Chief Executive Officer, steps into the role from his position as Executive Director and Global Chief Operating Officer. The board expressed full confidence in Mr. Castiglio’s ability to lead the firm during this period. Jean-Guy Desjardins, Founder of Fiera Capital and Executive Chair of the Board, said, “On behalf of the Board and everyone at Fiera Capital, I want to wish Maxime well and a full recovery and look forward to welcoming him back. ” Desjardins added, “Gabriel has the full confidence of the Board. He brings deep knowledge of our business, sound judgment, and the leadership required to guide the firm during this period. Our focus on serving clients and executing our strategic priorities remains unchanged. “
How will the company maintain continuity for clients and operations?
The announcement makes continuity the explicit priority: the leadership team will collaborate closely with Mr. Castiglio to maintain operations across the firm. The board emphasized that the firm’s focus on serving clients and executing its strategic priorities will continue unchanged. The statement frames the interim appointment as a governance measure intended to sustain day-to-day management and strategic work while the current CEO is on leave.
Fiera Capital is described in the company statement as an independent asset management firm with a growing global presence that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia and the Middle East. The appointment and the expressed expectation of Mr. Ménard’s return are presented within that context of ongoing client service and global operations.
The board’s public message combines a personal note of support for Maxime Ménard with a procedural move to secure leadership continuity. By naming an internal executive with operational responsibility and tenure at the firm since 2019, the board aims to reassure clients, employees and stakeholders that governance and strategic momentum will be preserved.
As the firm proceeds under interim leadership, the leadership team’s commitment to close coordination with Mr. Castiglio will be central to sustaining investment management activities and client relationships. The firm reiterates an expectation that Mr. Ménard will return to his role, framing the leave as temporary while providing for an orderly management transition.
Back to the announcement that opened this report: the company’s declaration that Maxime Ménard is on medical leave and the naming of Gabriel Castiglio as interim leader returns attention to both the human reality behind executive health and the governance systems that keep complex firms steady. For fiera capital, the message is both personal and procedural — well wishes for recovery paired with a clear plan to keep the business running.
