The Colleges of Applied Arts and Technology Pension Plan is appointing Asif Haque as chief investment officer, effective May 1.

Haque has worked at the CAAT for over 10 years as managing director of public markets, where his team was responsible for the plan’s $11 billion public markets portfolio. Prior to joining the organization, he held leadership roles at the Public Sector Pension Investment Board for eight years, first as director of performance measurement, then as vice-president of external manager search and monitoring. He was also assistant vice-president of performance and analytics with State Street Corp. in Canada for six years.

Read: CAAT sees funded status rise slightly, lowers discount rate

Haque also serves on the board of the Pension Investment Association of Canada and on the investment committees of the United Church of Canada Pension Plan and Nunavut Tunngavik Inc., an organization supporting programs for Inuit in Nunavut. He’s also a past chair of the investment committee of the J.W. McConnell Family Foundation.

“We’re excited to have [Haque] take over leading our investment team at this critical juncture,” said Derek Dobson, the CAAT’s chief executive officer and plan manager, in a press release. “[He] has the strategic vision, skills and experience we need to support the continued growth of the plan, which is targeted to exceed $30 billion in assets by 2027.”

In his new role, Haque will report directly to Derek Dobson and lead a growing team of investment professionals. He succeeds Julie Cays, who previously announced her plans to retire at the end of April 2021.

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