Le Lézard
Classified in: Business
Subject: BOARD OF DIRECTORS

Canada Pension Plan Investment Board Announces Senior Executive Appointments


TORONTO, April 24, 2018 (GLOBE NEWSWIRE) -- Today, Mark Machin, President & CEO of Canada Pension Plan Investment Board (CPPIB) announced the following senior executive appointments, effective June 1, 2018:

The appointed executives will also join CPPIB's Senior Management Team. 

"By bolstering our Senior Management Team with these four highly respected and talented individuals, CPPIB is further enhancing our international competitiveness, positioning the organization to support CPPIB's long-term strategy to drive growth for the benefit of generations of Canadians," said Mark Machin, President & CEO, CPPIB. "The appointment of John, Suyi, Deborah and Poul, who between them have almost 40 years of collective experience at CPPIB alone, reflects not only our deep bench strength but also how the organization is moving ahead on an exciting phase of growth."

In addition to these appointments, CPPIB is also announcing that Pierre Lavallée, Senior Managing Director & Global Head of Investment Partnerships, will be leaving CPPIB effective May 2, 2018. During his six years at CPPIB, Pierre made significant contributions to the organization, both as Head of CPPIB's Investment Partnerships where he oversaw the significant growth of the assets managed by the group, and in helping to position CPPIB as an employer of choice during his time as Chief Talent Officer. We thank him for his many contributions and wish him the best in his future endeavours.

This planned renewal completes a process, following senior executive changes announced earlier this year, designed to inject fresh perspectives, experiences and ideas to a growing and evolving organization. These appointments reflect an evolved investment department structure that provides for greater investment agility and the recognition of the importance of emerging markets. In complement to these appointments, Shane Feeney, current Senior Managing Director & Global Head of Private Investments, will become Senior Managing Director & Global Head of Private Equity where he will be responsible for overseeing the Direct Private Equity, Funds, Secondaries and Co-investments, and Private Equity Asia groups. CPPIB is also repositioning the Chief Operating Officer role to Senior Managing Director & Chief Technology and Data Officer; an announcement related to this appointment will be made at a later date.

About CPPIB
Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 20 million contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, São Paulo and Sydney, CPPIB is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At December 31, 2017, the CPP Fund totalled C$337.1 billion. For more information about CPPIB, please visit www.cppib.com or follow us on LinkedIn, Facebook or Twitter.

For more information contact:

CPPIB Media Relations
[email protected]

 
Mei Mavin
Director, Global Corporate Communications
+44 (0) 203 205 2406
[email protected]

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