The Canada Infrastructure Bank is appointing Ehren Cory as chief executive officer.
In the new role, Cory’s first priorities will include implementing the bank’s $10-billion growth plan and drawing more private capital to the Canadian infrastructure market.
He most recently served as CEO of Infrastructure Ontario, a role he held since 2017, after previously serving as president of the organization’s project delivery division and before that, executive vice-president of transaction structuring.
Read: A profile of Janice Fukakusa, chair of the Canada Infrastructure Bank
Prior to his time at Infrastructure Ontario, Cory was a partner at management consulting firm McKinsey & Company.
“I am honoured to be the CEO of the Canada Infrastructure Bank,” he said in a press release. “I am convinced the CIB can be a vital catalyst for innovative investment in Canada. I look forward to working with the talented CIB team and our partners to accelerate projects that create economic and environmental benefits for Canada.”