A former Bank of Canada official and an investment expert have both been appointed to the board of the Ontario Teachers’ Pension Plan.
John Murray joins the board at Teachers’ effective immediately, and Bill Chinery will join the board at the beginning of 2015.
Murray brings more than 35 years’ experience as a global macroeconomist.
He served as deputy governor of the Bank of Canada from January 2008 until his retirement, directing research and policy analysis in the international area and representing Canada at the International Monetary Fund, the G7 and G20, and the Organisation for Economic Co-operation and Development.
Earlier in his career, Murray was head of the bank’s international department, responsible, among other duties, for managing Canada’s foreign exchange reserves.
Chinery has more than 30 years of experience in investment management. He was with BlackRock/Barclays Global Investors from 2001 to 2013.
Acting as managing director and CEO of BlackRock Canada from 2010 to 2013, Chinery was responsible for the oversight of $130 billion in assets under management.
A fellow of the Society of Actuaries and the Canadian Institute of Actuaries (CIA), he is also a former director of the CIA and a former director of the Canadian Coalition for Good Governance.
Chinery began his career as an actuary with Manulife before joining Mercer in 1982 where he developed further expertise in pension plan management before specializing in investment management.
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