MONTREAL, Nov. 7, 2024
/PRNewswire/ -- Power Sustainable, a leading sustainability-focused
alternative asset manager, today announced the appointment of
Delia Cristea as its new Chief Operating Officer (COO). Ms.
Cristea is a Partner at Power Sustainable and has served as General
Counsel since its founding in 2020.
"Delia has been a driving force behind this firm's growth since
day one," said Bruce Heyman, CEO of
Power Sustainable. "Her unerring sense of operational priorities,
knack for culture-building, and strong business acumen were
immediately obvious to me when I joined Power Sustainable as Senior
Advisor in 2022. Today, I'm thrilled to welcome her into this new
role."
With over 20 years of experience working with and within the
financial sector, including nine years at Power Corporation of
Canada, Ms. Cristea brings
extensive industry expertise. She shares Mr. Heyman's focus on
long-term value creation. As COO, Ms. Cristea will focus on
overseeing the day-to-day operations of the firm and she will
continue to work closely with the leadership team to execute Power
Sustainable's strategic vision in its next phase of growth.
"We started Power Sustainable because we believe that the
private sector has the resources, creativity, and entrepreneurship
to enable society's climate objectives," said Ms. Cristea. "We've
built an incredible team, and I'm eager to support our investment
teams as they continue to catalyze sustainability solutions and
deliver long-term value to our clients."
"I would like to congratulate Delia on this well-deserved
promotion," said Olivier Desmarais,
Chairman of the Board of Power Sustainable. "She has been
instrumental to this firm's success since the very beginning, and I
know she will play an equally important role in the years
ahead."
Ms. Cristea is actively involved in her community. She is the
co-founder of Women in Climate Finance, which was named this year a
Top Project by Canada's Clean50.
She is also the Chair of Lawyers Without Borders Canada, and an
Advisory Board member of Canada2020 and of Finance Montreal.
About Power Sustainable
Power Sustainable is a sustainability-focused alternative asset
manager which finances companies and projects that aim for both
competitive returns and positive sustainability outcomes. The firm
offers institutional investors exposure to alternative assets,
which aim to accelerate and scale sustainable solutions across
multiple industries.
Power Sustainable is a subsidiary of Power Corporation of
Canada (TSX: POW) (TSX: POW.PR.E),
an international management and holding company that focuses on
financial services in North
America, Europe, and
Asia.
With CAD 3.9B in assets under
management (as of June 30, 2024),
Power Sustainable's mission is to catalyze capital towards clean
global solutions. Learn more on Power Sustainable's
LinkedIn and Website.
For more information, contact:
Ian Cameron
Director of Communications
438 308-7697
cameron@powersustainable.com
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SOURCE Power Sustainable