Jim Keohane is retiring from his role as president and chief executive officer of the Healthcare of Ontario Pension Plan in March 2020.

“Jim is well-respected around the world for his pension advocacy, investment strategy and leadership,” said Adrian Foster, chair of the HOOPP board of trustees, in a press release. “Under his leadership, he and his team have done an exemplary job of delivering on the pension promise. He’s built a strong culture and business platform to help ensure the organization will continue to meet its critically important mandate of providing pension security to members.”

Read: Hugh O’Reilly stepping down from OPTrust

Keohane’s career at the HOOPP began in 1999 when he joined as manager of equity trading. He progressed into more senior roles before becoming CEO in 2012.

“It’s an honour to be part of HOOPP and I’m very proud of the many shared achievements during my time with the organization,” said Keohane. “We’ve excelled during times of challenge and change and, most importantly, we have continually strengthened our ability to deliver on the pension promise to our members.”

He’ll remain in the role for another year while trustees search for his replacement.

Read: HOOPP posts 2.2% return for 2018