Finance Minister Joe Oliver has appointed Heather Munroe-Blum as chair of the Canada Pension Plan Investment Board (CPPIB).
She will take over the role from Robert Astley, the chair since 2008, whose term expires in October.
Munroe-Blum has served on the board of directors of the CPPIB since 2011 and is currently a member of its HR and compensation committee.
She became the first woman to serve as principal and vice-chancellor (president) of McGill University in 2003 and has more than 25 years of senior management experience concentrated in higher education, public policy, and research and development.
Munroe-Blum is currently a director of Royal Bank of Canada and has served on the boards of Four Seasons Hotels, Alcan, Yellow Media and Hydro One, among others. She is an officer of both the Order of Canada and l’Ordre national du Québec and is a recipient of numerous honorary doctorates from Canadian and international universities.
“Heather Munroe-Blum’s extensive management expertise, deep strategic thinking and proven innovative skill are attributes sought in the thorough recruitment process for a new CPPIB chair,” Oliver says. “I congratulate Dr. Munroe-Blum on her appointment and am confident she will provide highly competent leadership to this important organization.”
Her appointment as chair is for a three-year term ending on Oct. 26, 2017.
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