Bertrand Millot

Bertrand Millot

Head of Climate Risk and Issues



Bertrand Millot has a double mandate: 


  • He is business unit risk manager for the Fixed Income and Financing Solutions at CDPQ and supports the risk management team of CDPQ’s real estate lending arm Otéra Capital. 


  • He also leads the climate change expertise group, responsible for the implementation of CDPQ’s policies in this regard, for the appraisal and mitigation of climate risks in CDPQ’s portfolio and leads external collaborative initiatives on climate issues. He closely supports the Stewardship Investing Team in its activities. 


Mr. Millot is one of the architects of CDPQ’s climate change strategy and a seasoned investor in infrastructure and emerging markets companies, fields where ESG considerations have historically been at the forefront. 


At CDPQ since 2015, he recently led the Stewardship Investing team, reaffirming the organization’s leadership in this area on the world stage. Previously, as Vice-President in risk management he was responsible for identifying cross-sectoral risk and was business unit risk manager for the Infrastructure portfolio. 


Before joining CDPQ, Mr. Millot was CEO and CIO at Cordiant Capital, an emerging market corporate debt fund manager. Earlier in his career, he was active in infrastructure project finance with the European Bank for Reconstruction and Development in London, U.K. and with BNP Paribas in Paris, France. 


Mr. Millot holds an MBA from McGill University, a MSc in Engineering from École Nationale Supérieure d’Arts et Métiers and is a member of the Institute of Corporate Directors (ICD.D designation).