The Saskatchewan Pension Plan is appointing Chad Hilton as chief executive officer, effective Oct. 20.

Hilton brings more than 20 years of progressive leadership experience in the financial services sector and, most recently he was regional vice-president at the Bank of Montreal.

Read: Getting to know Shannan Corey and the Saskatchewan Pension Plan

He succeeds Shannan Corey, who is retiring on Nov. 14. Corey led the organization through extensive change in recent years, including organizational structure growth, system transformation, expansion of product offerings and enhanced business development strategies, according to a press release.