People Watch


Iqbal Bhinder,

Business Development Manager for Camden Underwriting Agencies


Fenchurch Group of Companies President & CEO Steve Brown is pleased to announce the appointment of Iqbal Bhinder as Business Development Manager for Camden Underwriting Agencies, a member of the Fenchurch Group of Companies.

“Iqbal brings 10 years of associated business development experience and an entrepreneurial spirit to Camden that will serve us well.”

Iqbal may be reached at;
Iqbal Bhinder
Business Development Manager
Office: 905-822-2282 ext. 260
Mobile: 416-882-0386

For more information about Fenchurch General Insurance or Camden Underwriting, our subsidiaries or programs, please contact Scott Knight, Chief Operating Officer at 905-822-2282 ext. 256 or

Doug MacDonald, MBA, CFA

Managing Director and Head, Institutional Asset Management


Doug MacDonald is now managing director and head of Institutional Asset Management with CIBC Asset Management Inc. He is responsible for managing the firm’s institutional asset management business, providing strategic direction on all aspects of client service, consultant relations, and business development.

MacDonald brings over 20 years of experience in both Canadian and global markets. Most recently, he was president of Aviva Investors Canada Inc. His background includes advising clients on their investment strategies and a variety of investment management roles overseeing fixed income, dividend equity and liability driven and insurance portfolios.

CIBC Asset Management is a leading investment manager with over $110B in assets (as of 9/30/15). Leveraging a 40-year history of active management, the firm builds innovative investment solutions across a spectrum of asset classes for institutional investors in North America.

Ela Karahasanoglu, MBA, CFA, CAIA

Vice President, Currency & Asset Allocation


CIBC Asset Management is pleased to announce the appointment of Ela Karahasanoglu as Vice President, Currency and Asset Allocation.

In this role, Karahasanoglu works with the portfolio management team responsible for currency management, asset allocation and absolute return strategies. Delivering intellectual capital, she provides advisory services to institutional investors.

Karahasanoglu joins one of the largest currency managers in Canada. With over 15 years of industry experience, she was previously principal and senior manager researcher at Mercer’s Alternatives Boutique, manager of research and trading for a quantitative macro CTA, a currency and bond trader, and worked at Merrill Lynch Credit Derivatives in NY.

CIBC Asset Management is one of the largest asset managers in Canada with $112B under management (as of 6/30/15). With a 40 year history of active management, we build innovative investment solutions across a spectrum of asset classes, tailored for institutional investors worldwide.

The Financial Stability Board has named an additional nine members, including the Canada Pension Plan Investment Board’s head of sustainable investing Stephanie Leaist, to its task force on climate-related financial disclosures.

Mark Machin will replace Mark Wiseman’s role as president and chief executive officer of the Canada Pension Plan Investment Board on June 13.

Medavie Blue Cross has appointed Anne Nicoll as vice president, business development. She joined the organization in 2013 and her previous role was vice president, health and disability.

The Alberta Investment Management Corporation has appointed C. James (Jim) Prieur to its board of directors, effective July 1, 2016.

Carolyn Rogers, chief executive officer of the Financial Institutions Commission of British Columbia, will be leaving at the end of July to join the Office of the Superintendent of Financial Institutions as assistant superintendent of the regulation sector.

The Ontario Teachers’ Pension Plan has appointed Sandra McEwen vice-president, valuations, risk analytics and model validation.

Aon Hewitt has appointed Robert Leblanc to lead the sales effort in Canada for its Delegated Investment Solutions.

Sue Reibel will succeed Charles Guay as executive vice-president and general manager of institutional markets for Manulife Canada.

Caisse de dépôt et placement du Québec has appointed Macky Trail as executive vice-president of Caisse and president and chief executive officer of its new subsidiary CDPQ Infra. Caisse has also appointed Pierre Miron as its chief operations and information technology officer.

Caisse de dépôt et placement du Québec has announced that Andreas Beroutsos, its executive vice-president of private equity and infrastructure, has decided to step down.

Stikeman Elliott has appointed Natasha vandenHoven as a partner and member of its pensions and benefits group. Her previous roles was senior policy consultant of the Pension Initiatives, Income Security and Pension Policy Division at the Ministry of Finance.

Caisse de dépôt et placement du Québec has appointed Alonso García-Tamés managing director of its México subsidiary, CDPQ México, and head of Latin America.

Empire Life has appointed Bob Carter as regional vice-president, sales — specialty programs. He was previously director of sales for Ontario/Western Canada at ClaimSecure.

Morneau Shepell has appointed Mel Bartlett as region lead for British Columbia.

Caisse de dépôt et placement du Québec has appointed Anita Marangoly George as managing director, South Asia, as it establishes a CDPQ India in New Delhi.

Caisse de dépôt et placement du Québec has appointed Jean Michel as executive vice-president, advisory services to depositors and strategic analysis.

Willis Towers Watson has appointed Scott MacDonald as a senior investment consultant

Franklin Templeton has promoted Matthew Williams to senior vice president, head of defined contribution and retirement in Canada, while Sonya Uppal and Vilashi Patel have both been promoted to vice presidents of the same team.

Mercer has appointed Judy Butterworth as principal consultant in its executive rewards practice.

Medavie has appointed Dr. Myrna Francis, president of Mfran Enterprises, to its board.

Employee benefits consulting and brokerage firm Gallagher has appointed Henry Toby as senior vice president of group benefits and retirement for the Ontario region.

The Ontario Teachers’ Pension Plan has announced a number of promotions, including: Dale Burgess as vice-president, Infrastructure Latin America; Bogan Cenanovic as vice-president, Technology, Media & Telecom; Michael Murray as vice-president, Financial Services; Chris Schindler as vice-president, Portfolio Management & Asset Allocation; and Robert De Santis, vice-president, Solution Engineering.

The Ontario Teachers’ Pension Plan (OTPP) has made a series of appointments to its investment team, including: Andrew Claerhout to the expanded role of senior vice-president, Infrastructure & Natural Resources; Ziad Hindo to the newly created role of senior vice-president, Capital Markets; Wayne Kozun to senior vice-president, Public Equities; and Michael Wissell to the newly created role of senior vice-president, Portfolio Construction.

The administration arm of the ORPP has appointed Saäd Rafi as its first CEO. Rafi, who was most recently the CEO of the TO2015 Pan Am/Parapan Am Games Organizing Committee, has 25 years of experience as a leader in public and private sectors.

Bjarne Graven Larsen has been appointed executive vice president and chief investment officer of the Ontario Teachers’ Pension Plan. He was previously the CIO and an executive board member of ATP, Denmark’s largest pension plan.

Pierre Genest, Chairman of the Board of SSQ Financial Group, is pleased to announce the arrival of Jean-François Chalifoux, FCAS, FCIA, as Chief Executive Officer of SSQ Financial Group on September 21, 2015.

AIMCo has appointed Helen M. Kearns to its board of directors. She’s the president and CEO of investment advisory firm Bell Kearns & Associates Ltd. and has worked in the industry for more than 30 years. Fiera Capital Corporation has announced that John Valentini has joined its Fiera Capital global team as executive vice-president and CFO. Prior to joining Fiera Capital, he was executive vice president, CFO and COO of PSP Investments. Fiera has also promoted Sylvain Roy to president and COO of its Canadian division. Roy has more than 18 years of industry experience. Fiera Capital also recently appointed David Stréliski to the position of senior vice-president and chief risk officer. Hicks Morley has hired eight new associates. Lydia Bay, Njeri Damali Campbell, Carey O’Connor, Jeffrey Patterson, Elizabeth Winter have joined the Toronto office while Gabrielle Fortier-Cofsky has joined the Ottawa office. They currently practice in all areas of labour and employment law. And Alyson Frankie and Paul Migicovsky have joined the pension, benefits and executive compensation practice group. They’ll both work in Toronto. Medavie Blue Cross has promoted Eric Laberge to the role of president. He most recently served as senior vice-president of the company’s group business.

Northern Trust Canada has appointed Nick Petruccelli as senior vice-president, institutional sales. He has more than 15 years of sales leadership experience within financial services.

Ontario Teachers’ Pension Plan has appointed Charley Butler to the position of vice-president, member experience and innovation. She has more than 15 years of experience in client services operational management, business transformation and strategy. Teachers’ has also appointed Nicole Musicco as managing director for Asia-Pacific and head of the Hong Kong office. She joined Teachers’ in 2002 and has held positions of increasing responsibility, most recently as vice-president, Teachers’ Private Capital. Dennis Mitchell has joined Sprott Asset Management as a senior vice-president and senior portfolio manager. He was previously executive vice-president and chief investment officer at Sentry Investments.

UBS Global Asset Management (Canada) Inc. has appointed Bryan DeLaurier as executive director of institutional sales. He brings close to 20 years of experience in asset management to his new role.

For information on posting a paid appointment notice, please contact: Alison Webb, Publisher, at 416.764.3876. Send all other announcements to Yaldaz Sadakova, Associate Editor, Benefits Canada.