The Ontario Teachers’ Pension Plan is making three changes to its team through internal promotions.

Steve Saldanha will be managing director of portfolio management and asset allocation. He joined the pension fund in 2006 and was previously director of global tactical asset allocation for the capital markets team. Jacky Lee will be managing director of portfolio analytics and modelling. Since he joined the Ontario Teachers’ in 2007, he’s held a number of roles, including director of portfolio analytics for the portfolio construction group. 

Read: Aon appoints practice director of Canada investment consulting

And in a previously announced promotion, Stephen McLennan is now senior managing director of total fund management, a new department at the pension fund that will serve as the nerve centre for the chief investment officer’s office as the plan integrates its portfolio construction approach with its treasury and funding capabilities.

With more than 15 years at the Ontario Teachers’, McLennan’s previous roles include managing director of infrastructure and natural resources and director of fixed income and alternative investments. Prior to joining the pension fund, he was an associate in investment banking at Merrill Lynch.

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