Canada Pension Plan Investment Board (CPPIB) said Pierre Lavallée, senior managing director and global head of investment partnerships, will be leaving effective May 2. As a result of this and other personnel changes, Shane Feeney, current senior managing director and global head of private investments, will become global head of private equity, overseeing direct private equity, funds, secondaries and co-investments, and Asian activity. CPPIB also announced several promotions, including John Graham‘s move to head of credit investments, and Suyi Kim‘s move to head of Asia Pacific. Both Graham and Kim will join CPPIB’s senior management team.
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:
John Graham is appointed Senior Managing Director, and will lead the Credit Investments team. In this role, John will be responsible for leading the Principal Credit Investments, Private Real Estate Debt and the newly created Public Credit functions. In his ten years at CPPIB, John worked in both the Total Portfolio Management group and in Private Investments. John took on the leadership of Principal Credit Investments in 2015 as Managing Director and Global Head of the group. Prior to joining CPPIB, John spent nine years at Xerox Innovation Group in research and strategy roles.
Suyi Kim is appointed Senior Managing Director & Head of Asia Pacific. As Head of Asia Pacific, Suyi is responsible for overseeing CPPIB’s significant and growing portfolio of investments in the region. Suyi joined CPPIB in 2006, establishing CPPIB’s office in Hong Kong, following which she launched and led CPPIB’s Private Equity Asia business before taking on the role of Managing Director & Head of Asia. Suyi has over 15 years of private equity investment experience including at Ontario Teachers’ Pension Plan and at The Carlyle Group. Suyi also worked at McKinsey & Co. in various Asian countries and at PricewaterhouseCoopers.
Deborah Orida is appointed Senior Managing Director & Global Head of Active Equities. In this role, Deborah will be responsible for leading Active Fundamental Equities, Relationship Investments, Thematic Investing and Sustainable Investing. Deborah joined CPPIB in 2009 in Toronto and has held senior leadership roles including Managing Director, Head of Relationship Investments International, covering Europe and Asia, and was most recently Managing Director and Head of Private Equity Asia. Prior to joining CPPIB, Deborah spent nine years at Goldman Sachs in New York and Toronto. Previously, Deborah was a securities lawyer at Blake, Cassels & Graydon in Toronto.
Poul Winslow is appointed Senior Managing Director & Global Head of Capital Markets and Factor Investing, where he will be responsible for leading the Global Capital Markets, Quantitative Equities, External Portfolio Management, Cash and Liquidity and Strategic Tilting groups. Prior to this appointment, Poul was Managing Director and Head of Thematic Investing and External Portfolio Management. Prior to joining CPPIB in 2009, he had several senior roles, including as Chief Investment Officer at AP2 in Sweden. Poul also held senior roles at Nordea Investment Management including Head of Tactical Asset Allocation, Fixed Income Research and Quantitative Portfolio Management.
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.
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.