Canada Pension Plan Investment Board has made three new senior management appointments. Alain Carrier, who has recently led CPPIB’s European operations from London, has been appointed senior managing director, head of international. He will be responsible for the pension fund’s global investment activity, including in Europe. Additionally, Suyi Kim has been appointed managing director, head of Asia, while Deborah Orida has been appointed managing director, head of private equity in Asia. Last month, Mark Machin became CPPIB’s president and CEO as a result of Mark Wiseman‘s departure to BlackRock Inc.
Photo: Alain Carrier, senior managing director, head of international, CPPIB.
Canada Pension Plan Investment Board Announces New Senior Management Appointments
TORONTO, ONTARIO–(Marketwired – Jun 22, 2016) – Today, Mark Machin, President & CEO of Canada Pension Plan Investment Board (CPPIB) announced the following appointments:
Alain Carrier is appointed Senior Managing Director, Head of International and becomes a member of CPPIB’s Senior Management Team. In this role, Alain will be responsible for CPPIB’s international investment activities and will also continue as Head of Europe. He will report to Mark Machin. Alain was most recently Managing Director, Head of Europe for CPPIB. Alain has been with CPPIB since 2008 and has more than 23 years of financial industry experience, which includes senior roles at Goldman Sachs & Co. in their Investment Banking division in New York and London. Alain started his career as a lawyer at Sullivan & Cromwell in New York.
Suyi Kim is appointed Managing Director, Head of Asia and will report to the Head of International. As Head of Asia, Suyi will be responsible for overseeing CPPIB’s significant portfolio of Asian investments. Suyi joined CPPIB nine years ago, establishing CPPIB’s first international office in Hong Kong and has overseen the private equity business in Asia most recently as Head of Private Equity Asia. Suyi’s previous experience includes Teacher’s Private Capital, the private equity group at Ontario Teachers’ Pension Plan, The Carlyle Group, McKinsey & Co. and PricewaterhouseCoopers.
Deborah Orida is appointed Managing Director, Head of Private Equity, Asia and will be responsible for leading private investments in Asia with a focus on both direct private equity investments and fund commitments. Deborah was most recently Managing Director, Head of Relationship Investments International and responsible for significant minority investments in public companies in Asia and Europe. Deborah joined CPPIB in 2009 and has been located in Hong Kong since 2012. Prior to joining CPPIB, Deborah spent nine years at Goldman Sachs & Co. in New York and Toronto advising management teams and boards on M&A and financing transactions. Previously, Deborah was a securities lawyer at Blake, Cassels & Graydon in Toronto.
“These appointments are an excellent reflection of both the deep bench strength and great international experience we have within CPPIB,” said Mark Machin.
These appointments were effective June 21, 2016.
ABOUT CANADA PENSION PLAN INVESTMENT BOARD
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 19 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 and São Paulo, CPPIB is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At March 31, 2016, the CPP Fund totalled C$278.9 billion. For more information about CPPIB, please visit www.cppib.com or follow us on LinkedIn or Twitter.
CPP Investment Board Mei Mavin Director, Corporate Communications +44-203-205-3515 email@example.com CPP Investment Board Dan Madge Senior Manager, Media Relations 416-868-8629 firstname.lastname@example.org www.cppib.com
Photo courtesy of Canada Pension Plan Investment Board