The award honours the leadership, vision, and commitment of Quantropi’s Board members, whose combined expertise and guidance have been crucial to Quantropi’s success.
Ottawa, Ontario, July 17, 2024 – MondouxRollins Partners Inc., a human capital advisory and talent solutions firm for mid-market private companies, today announced the inaugural 2024 winners of Canada’s Best Private Boards program.
Quantropi has been recognized by Canada’s Best Private Boards, a.k.a. The Boardies, program as Canada’s Best Private Board of 2024 in the Best Fiduciary Board category. It is a significant recognition for the Board and a testament to the company’s strong commitment to corporate governance. Quantropi will hold the title of Canada’s Best Private Board for three years.
“Quantropi invested in governance from the get-go, enlisting an independent chair and a very talented group of directors with diverse expertise,” said Jennifer Mondoux, Managing Partner and Chief Executive Officer of MondouxRollins Partners Inc. “Our independent voting committee felt Quantropi’s board strategy is a case example for others and that overall, there is a very mature approach to board engagement, construction and development. We’re thrilled to see such an excellent example of the impact of a great board on the success of an organization in our inaugural year of the program.”
“Good Governance is absolutely a prerequisite to running a good board. In my experience, it is always useful to ensure the Governance model is established to serve the Vision and Strategy of the company and not the other way around “ said Marco Pagani, Chairman of the Board of Directors. “Prior to establishing a good Governance model, we were deliberate in creating the Vision and Strategy for the company. Related to this was identifying clear business objectives that were aligned with our North Star. Once these were created, the Governance approach naturally followed.”
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Quantropi, spearheaded by CEO and Co-founder James Nguyen, who was also recently recognized as the 2023 Entrepreneur of the Year for Canada by CanadianSME Magazine is at the forefront of the quantum security industry. The organization is dedicated to safeguarding the $50 Trillion global digital economy by enabling the internet today to be secure against future threats.
“What I’ve learned from observing great boards is that the board is only as strong as its weakest link. I am fortunate with my limited board experience to be surrounded by such experienced board members to help make up for my inexperience. The diversity of skillsets and experience of the other board has helped me to do what is best for stakeholders in all kinds of tough situations.” said James Nguyen. “Having core values that align as a board and our commitment to excellence as individuals has been our foundation to ensure our fiduciary duties are always met as a board.”, he concluded.
About Quantropi Inc.
Quantropi, Inc., A Canadian cybersecurity company founded in 2018, Quantropi provides quantum secure cryptography to protect data and communications. The company’s flagship QiSpace™ platform uniquely provides all three criteria for complete cryptographic integrity: Trust, Uncertainty, and Entropy – or “TrUE”- providing organizations, product managers, and application developers with quantum-secure cryptographic functions to protect data, networks, and systems. Quantropi is a NATO Approved Supplier and a member of the Quantum Economic Development Consortium (QED-C).
About Canada’s Best Private Boards:
Canada’s Best Private Boards is a new annual awards program and summit – the first of its kind in Canada – that recognizes the impact of great governance on the performance of private companies. Also known as “The Boardies”, Canada’s Best Private Boards celebrates how advisory or fiduciary governance has driven growth in mid-market family businesses, investor-backed companies and employee-owned or partnership firms. The vision for Canada’s Best Private Boards is to create a national culture of best practice sharing so that other leaders of private companies can learn the transformational value of governance and how they can build a great board themselves.
About MondouxRollins Partners Inc., the Founders of Canada’s Best Private Boards:
MondouxRollins Partners Inc. is a human capital advisory and leadership talent solutions firm. They are a group of specialists, equipped with decades of experience providing talent solutions for private companies. They are risk-mitigators, trusted advisors and relationship-builders, and are a one-stop-shop through the entire talent lifecycle – for any team, or any board. They are also the founders of Canada’s Best Private Boards program, a first-of-its-kind national and annual awards program that recognizes the impact of governance on the performance of private companies.