Ontario Teachers’ names Bruce Crane as Asia-Pacific region head

• Crane succeeds Ben Chan, who retired earlier this month
• He was hired in 2020 as Ontario Teachers’ first Singapore office employee
• Ontario Teachers’ currently has more than 85 employees in the Asia Pacific region

Ontario Teachers’ Pension Plan has appointed Bruce Crane to the position of executive managing director and head of Asia-Pacific region, effectively immediately. Crane succeeds Ben Chan, who retired earlier this month.

Crane will lead investment activities and portfolio management in the Asia-Pacific across offices in Hong Kong, Mumbai and Singapore. Ontario Teachers’ currently has more than 85 employees in the region.

Crane was hired in 2020 as Ontario Teachers’ first employee in its Singapore office.

“As head of APAC, Bruce will play a leading role as we continue to progress our global growth strategy and deepen our investment activities across the region,” said Chief Investment Officer Zian Hindo in a statement. “He has done an outstanding job over the last three years building our INR portfolio and team in the region. His extensive global experience, exceptional knowledge of the APAC region and the strong relationships has cultivated both inside and outside the Plan make him a natural choice for this expanded role.”

Ontario Teachers’, Canada’s third largest pension system, had net assets of $247.2 billion as at December 31, 2022. Founded in 1990, it has offices in Hong Kong, London, Mumbai, San Francisco, Singapore and Toronto.