The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and will join the BCFSA from his current role leading the regulatory agenda at the Office of the Superintendent of Financial Institutions. Read more People Watch news. “We are thrilled to welcome Tolga […]
Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance minister fired the Crown agency’s entire board, along with a number of executives, citing ballooning costs and substandard returns. Read: Leadership changes at the AIMCo could impact credibility, independence: expert Premier […]
The Ontario Teachers’ Pension Plan is appointing Kevin Kerr as executive managing director of its new portfolio solutions department, effective immediately. The department will integrate value creation and portfolio management capabilities from across the Ontario Teachers’ private asset groups, according to a press release, noting Kerr and his team will be accountable for monitoring and […]
Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with the organization. He’ll remain in the position until the HOOPP’s board of trustees names a successor and will work with the board to ensure a smooth transition, according to a […]
The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her role as the organization’s chief investment officer. Justin Lord has been named senior executive managing director and global head of public markets, overseeing public equities and fixed income. He has […]
An article on International Business Machines Corp.’s latest pension risk transfer 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. IBM transferring US$6 billion in pension liabilities via group annuity buyout 2. How employers can encourage employees to take guilt-free sick days […]
Sun Life Financial Inc. is appointing Jacques Goulet as executive chair and Jessica Tan as president of Sun Life Canada, effective Sept. 30. In his new role, Goulet will support a smooth leadership transition and help deliver on key elements of the company’s enterprise strategy. He’ll also continue as the chair of the board of […]
An article on how the concept of merit, excellence and intelligence can thwart employers’ diversity, equity and inclusion efforts 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. Concept of ‘MEI’ taking away from employers’ DEI efforts: expert 2. Employers […]
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 Canada Pension Plan Investment Board is appointing Caitlin Gubbels as senior managing director and global head of private equity. In this role, she’ll lead the investment organization’s teams dedicated to direct private equity, Asian private equity and private equity funds and secondaries. Gubbels joined the CPPIB in 2010 and was most recently its head […]