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 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.

People Watch: On the move

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Send all other announcements to Yaldaz Sadakova, Associate Editor, Benefits Canada.