The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion in assets under management, is awaiting the results of a governance review following concerns raised over a $1.6 million vacation payout to chief executive officer Derek Dobson. In an emailed […]
The Alberta Investment Management Corp. is appointing Justin Lord as chief investment officer, effective immediately. Lord has been at the AIMCo since 2012 where he has experience overseeing public equities and fixed income teams. Most recently, he was promoted to senior executive managing director and global head of public markets following the departure of Marlene […]
An article on how employers are supporting working parents and caregivers was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. 6.1 million Canadian workers juggling jobs and caregiving: report 2. Survey finds 75% of women want benefits to […]
The Ontario Pension Board is appointing Andrew Tambone as chief investment officer. In the role, Tambone will be responsible for overseeing the OPB’s relationship with its asset manager the Investment Management Corp. of Ontario and its investment portfolio performance. He’ll join the OPB in July and will succeed current CIO Chris Kautzky. Read: OPB making […]
The Public Sector Pension Investment Board is appointing Patrick Charbonneau as its new chief investment officer, effective February 3, 2025. He’ll oversee portfolio design and beta management activities, the fund’s overall investment strategy and the treasury function. Charbonneau succeeds Alexandre Roy, senior managing director of total fund management at the investment organization, who served as […]
Eduard van Gelderen, the Public Sector Pension Investment Board’s senior vice-president and chief investment officer, is stepping down after six years with the organization. Effective immediately, Alexandre Roy, PSP Investments’ senior managing director of total fund management, will assume the CIO’s responsibilities on an interim basis, according to a press release. Read: PSP Investments appointing Oliver […]
The University of California San Diego’s Kroner Center for Financial Research is examining four research areas that can assist institutional investors in determining successful strategies that mitigate risk and generate alpha, said its executive director Michael Melvin, during the Canadian Investment Review‘s 2023 Investment Innovation Conference in November. The think tank’s advisory council, which is comprised […]
The Toronto Transit Commission Pension Plan board is appointing Andy Greene as chief investment officer and James Clarkson as chief financial officer and treasurer. As CIO, Greene will be responsible for overseeing the defined benefit pension plan’s $7.8 billion investment portfolio. He joined the plan as its managing director of investments in 2017. In the role, he […]
The Ontario Municipal Employees’ Retirement System is appointing Ralph Berg as its chief investment officer, effective April 1, 2023. “[Berg] is a proven investor and a seasoned executive,” said Blake Hutcheson, the pension fund’s president and chief executive officer, in a press release. “The board and I have the deepest confidence that he will continue […]
Michael Wissell, the Healthcare of Ontario Pension Plan’s recently appointed chief investment officer, is stewarding the $114.4-billion plan’s growth while preserving its historic drivers of success. This mandate isn’t a simple one. On one hand, the HOOPP boasts a solvency ratio of 120 per cent and uses a liability-driven investment model that helped its 10-year […]