People Watch


Invesco Institutional welcomes Michael Tuira

Michael Tuira

Michael Tuira

Vice President, Defined Contribution, Institutional Sales and Service

Invesco Canada is pleased to announce the appointment of Michael Tuira, CFA, CAIA, as Vice President, Defined Contribution, Institutional Sales and Service.

In this role, Mike is responsible for growing Invesco’s Defined Contribution presence in Canada.

Mike began his investment career in 2002, and has held successively more senior positions in the industry. Most recently, he served as Acting Assistant Vice President, Investment Solutions, within the Group Retirement Department of a large Canadian insurance company.

Mike earned an Honours B.Comm., with a minor in Economics, from McMaster University. He is a CFA charterholder, as well as a CAIA charterholder. Investco




William Blair Hires Jason R. Stefanelli as Director, Canada

Jason R. Stefanelli

Jason R. Stefanelli

Director, Canada

William Blair is pleased to welcome Jason R. Stefanelli as director, Canada. With more than 18 years of experience in the investment management industry, working directly with institutional investors in Canada, the United States, and around the world, he will be responsible for bringing William Blair’s specialized client service resources and tailored global investment strategies to institutional investors across Canada.

Based in Canada, Jason will lead the education and implementation of William Blair’s unique and differentiated equity, fixed income, and alternative approaches, and resulting portfolio characteristics to institutional investors across the country.

Prior to joining William Blair, he was director, Pensions & Global Business Development at Cambridge Associates, LLC, in Boston. Jason was also a partner at a premier hedge fund firm covering Canadian and U.S. markets. Prior to that, Jason was a vice president, Business Development at Wellington Management Company, LLP in Boston, where he was responsible for growing its Canadian institutional business.

About William Blair Investment Management

At William Blair we work closely with private and public pension funds, insurance companies, endowments, foundations, and sovereign wealth funds, as well as financial advisors. We are 100% active‐employee‐owned with broad‐based ownership. Our investment teams are solely focused on active management and employ disciplined, analytical research processes across a wide range of strategies, including global equity, emerging markets equity, EAFE equity, U.S. equity, fixed income, multi‐asset, and alternatives. As of September 30, 2017, William Blair manages $73.9* billion in assets.

William Blair



Mark Sack joins Mackenzie Investments to lead Canadian Institutional Business

Mark Sack

Mark Sack

Vice President, Institutional Investment Services

Mackenzie Investments is pleased to announce the appointment of Mark Sack to the position of Vice President, Institutional Investments, reporting to Chris Boyle, Senior Vice President. In this role, Mark is based in Toronto and leads our institutional activities in Canada. Mark joined the firm over the summer to begin work with investment teams, meet clients and develop strategy.

Mark brings 18 years of experience across traditional, alternative and real asset classes to Mackenzie. Previously, he held senior positions with three of the world’s top ten global asset managers by size, including, most recently, JPMorgan Asset Management. Prior to entering the asset management business, Mark worked for various healthcare and educational endowments and foundations for 15 years.

Mark has completed the Chartered Investment Manager (CIM) designation and many institutional investment courses in Canada and the US. Mark graduated with an honours Bachelor of Science degree in the medical sciences from the University of Toronto.

Bringing Mark onto our team deepens Mackenzie’s commitment to global institutional markets and to building our leadership resources. Barry McInerney, President and CEO of Mackenzie, brought institutional leadership experience from Mercer, Russell and BMO. Alain Bergeron, Head of the Mackenzie Asset Allocation Team, joined the firm from the CPPIB.

Mackenzie Investments has institutional and retail investment resources in Vancouver, Winnipeg, Toronto, Montreal, Boston, Dublin, London and Hong Kong. We started working with our first institutional client in 1975 and today we have clients around the world. Mackenzie Investments
and parent company IGM Financial also have a significant ownership position in China Asset Management Co., a leading asset manager to institutional clients.

Mackenzie Investments has $155 billion in AUM, of which $15 billion is in institutional and sub-advised assets. The firm is owned by Power Financial Corporation through IGM Financial.

Mackenzie Investments



Cidel welcomes Catherine Jackman

Katherine Jackman

Catherine Jackman

Senior Institutional Manager & Director

Cidel Asset Management Inc. is pleased to announce that Catherine Jackman has joined the firm as Senior Institutional Manager & Director. Catherine will be focused on growing the firm’s institutional business, here in Canada and around the world.

Ms. Jackman has over 10 years of institutional sales experience. She has also worked in the media industry and served as an officer in the military. Ms. Jackman is a CFA charterholder and holds a Bachelor of Commerce from Memorial University.

Cidel is one of Canada’s largest independent investment firms with over $7B in assets under management. Cidel offers active management strategies across multiple asset classes for a wide range of institutional investors.

Cidel Asset Management Inc.



Chief executive officer of The Alternative Investment Management Association, James Burron, is leaving the organization to launch the Canadian Association of Alternative Strategies and Assets.

GroupHEALTH Benefit Solutions has appointed Gary Walters as senior vice-president of underwriting.

Stikeman Elliott LLP has named Kathleen Chevalier and Kris Noonan as partners in its employment and labour group.

Sun Life Financial Canada has appointed John Hallett as a retirement strategist for group retirement services.

Medavie Blue Cross has appointed Karen Kesteris as director of drug, product and provider management.

Mercer has named Moe Renaud office leader in Ottawa, with a focus on delivering innovative client strategies for health, wealth and career. 

Ontario Teachers’ Pension Plan has appointed Tracey MacPherson as managing director of people advisory services.

Sun Life Financial Canada has appointed Jacques Goulet as president, with current president Kevin Dougherty moving into the newly created role of executive vice-president of innovation and partnerships.

The Canada Infrastructure Bank has appointed Bruno Guilmette as interim chief investment officer.

Fiera Comox has appointed Patrick Lynch as a partner in its private equity team.

Mercer Canada has appointed Philippe Pagé as the office leader for its Vancouver-based health business.

Dentons Canada LLP has appointed Meaghen Russell as a partner in its employment, labour and pensions group.

The Ontario Teachers’ Pension Plan has appointed In Ha Jang and Tara Rosenblatt as managing directors and associate general counsel of investments. The pension fund has also appointed Sharon Chilcott as managing director and associate general counsel in employment law and litigation.

iA Financial Group has appointed Denis Ricard as chief operating officer.

The Caisse de dépôt et placement du Québec’s real estate arm, Ivanhoé Cambridge, has appointed Chanakya Chakravarti as managing director of India, growth markets.

Mercer has appointed Gilles Lavoie as a senior investment consultant on its wealth team.

Michael Doughty will take on the role of chair of LL Global Inc.’s board of directors for 2018.

Andrea Perry is joining the board of the Association of Canadian Pension Management.

TD Asset Management Inc. has appointed Scott Colbourne as managing director of global active fixed income. 

The Ontario Municipal Employees Retirement System has appointed Kelly Marshall as executive vice-president of strategic partnerships, effective Nov. 1.

Dustyn Lanz will succeed Deb Abbey as chief executive officer of the Responsible Investment Association, effective Jan. 1, 2018.

Aviva Investors has appointed Frank Vihant as head of infrastructure debt for Canada.

Pacific Blue Cross has appointed Anar Dossa as director of pharmacy services and Jason Welch as director of group underwriting.

Ted Rogers School of Management’s National Institute of Ageing has appointed Bonnie-Jeanne MacDonald as its inaugural senior research fellow.

Green Shield Canada has promoted David Willows to the role of chief innovation and marketing officer.

The Ontario Teachers’ Pension Plan has appointed Matthew Smith as managing director of talent.

Sun Life Financial Inc. executive Isabelle Hudon is embarking on a significant career change by leaving the insurer to become Canada’s ambassador to France.

The Ontario government has appointed Ian McSweeney as the chair of its pension regulator.

For information on posting a paid appointment notice, please contact: Alison Webb, publisher, at 416-847-8578. Send all other announcements to Jennifer Paterson, managing editor, Benefits Canada.