The Investment Management Corp. of Ontario is naming Rossitsa Stoyanova as its next chief investment officer.
The announcement comes just weeks before the organization’s current CIO Jean Michel, who announced plans to leave this spring, is scheduled to depart. Stoyanova will officially succeed Michel on Sept. 11, 2021.
Stoyanova was previously a managing director and head of portfolio design and construction at the Canada Pension Plan Investment Board. In the role, she was responsible for overseeing the CPPIB’s risk appetite and allocations.
In a press release, Bert Clark, the IMCO’s chief executive officer, said Stoyanova’s experience and understanding of risk management marked her out as an ideal candidate for the new position. “Her vision and approach will be a critical component to the ongoing creation of value for our clients and will be essential for IMCO growth and progress in the coming years.”