He is one of two sons of Paul Desmarais, Sr. Born in Ottawa, Ontario, he attended Lakefield College School in Ontario for two years, then Selwyn House School and later obtained a Bachelor of Commerce from Concordia University, both of which are located in Montreal.
Desmarais is currently the president and co-chief executive officer of his father's founding company the Power Corporation, based in Montreal, Canada. It is a diversified management and holding company, which has holdings in leading financial services and the communications sector. Through its European-based affiliate Pargesa group, Power Corporation holds significant positions in major media, energy, water, waste services, and specialty minerals companies. Power Corporation also has diversified interests in Asia.
He was appointed as a member of the Hong Kong Chief Executive's Council of International Advisers in 1998, and served until 2005.
In 2003 he was appointed to the International Council of the JP Morgan Chase Bank. Also in that year he was named an officer of the Order of Canada. In 2009, he was made an Officer of the National Order of Quebec.
Desmarais is on the Board of Directors of the Canadian International Council.
|This biography about a Canadian businessperson is a stub. You can help Wikipedia by expanding it.|