Wednesday, February 01, 2012
SNC-Lavalin is pleased to announce the appointment of Mr. Eric Siegel to its Board of Directors.
Mr. Siegel joins the Board following a successful 32-year career at Export Development Canada (EDC), culminating in his appointment as President and CEO in 2007. He retired in 2010.
Mr. Siegel has extensive experience in trade finance services, business development, underwriting and risk management. Having developed a background in EDCís medium- and long-term financing and insurance programs, he was named Senior Vice-President for all medium- and long-term financial services in 1996. He was promoted to Executive Vice-President a year later, and became Chief Operating Officer in 2005. Mr. Siegel was named Acting President in 2006, and was officially appointed President and CEO in January 2007.
During his tenure as President, Mr. Siegel was responsible for designing and implementing major organizational changes that significantly enhanced customer satisfaction and increased EDCís effectiveness and profitability. Under his leadership, EDC was able to expand its services and risk capacity, particularly during the global economic crisis, when it filled in market gaps and increased its domestic lending and insurance capabilities.
Mr. Siegel is a member of the Board of Directors for Citibank Canada, and the Deanís Advisory Council for the Schulich School of Business.
He has an Honours BA in history and economics from the University of Toronto and an MBA from the School of Business Administration at York University. He also completed the Columbia Senior Executive Program, and recently became a graduate and member of the Institute of Corporate Directors. Mr. Siegel lives in Ottawa, Canada.
SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 40 other countries around the world, and is currently working in some 100 countries.
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