Lester Fernandes

President, Segovia Capital Ltd

Type: Fellow

Site: Montreal

Stream: Artificial Intelligence, Supply Chain

Lester Fernandes is the President of his family office, Segovia Capital Ltd, and is investing in early stage technology companies across North America. He was formerly the co-founder and CFO of Pivotal Payments Corporation. A former banker with BMO Capital Markets he co-founded Pivotal in 2001 and helped build the payments company from its base in Canada to 4 offices and over 400 people across North America. Pivotal helps SMB merchants both on and offline process their card payments. In 2017, control of Pivotal Payments was sold to a Canadian private equity group. Lester’s experience is a unique blend of financial, entrepreneurial and strategic expertise given his many years in investment and corporate banking and building a start-up enterprise into a significant North American industry player today. Lester sits on the board of Stradigi AI and is a strategic advisor to technology companies in the artificial intelligence space as well as in the early stages of growth.In addition to an MBA from McGill University, he has an ALM from Harvard University, a Post Graduate Diploma in Strategy and Innovation from the University of Oxford, and he most recently attended the Advanced Management Program at the Wharton Business School, University of Pennsylvania. He is a member of the Association of Financial Professionals and the Institute of Corporate Directors (ICD). He is an avid supporter of the Kids for Kids Cancer Benefit in support of the Montreal General Hospital.