OPB making key appointments to executive team as part of leadership transition strategy

Rondeau will replace Darwin Bozek as CPO, as Bozek formally moves into the role of president and chief executive officer amid Mark Fuller’s departure. In his new role, Rondeau will maintain his existing plan management functions, as well as take on leadership and accountability for developing and coordinating the execution of the OPB’s strategic plans, employer relations and external communications activities. He’ll also lead the pension administrator’s efforts on data analytics and regulatory affairs and work closely with its chief investment officer, Chris Kautzky, on engagement and oversight of the Investment Management Corporation of Ontario.

Read: OPB appointing Darwin Bozek as president, chief pension officer

Babic will lead the client services and advisory services teams, as well as client services initiatives and projects. She’ll also co-lead a pension technology modernization program in preparation for an upcoming replacement of the current administration system and be accountable for setting the strategic direction of the overall pension modernization program.

Earlier this year, Bozek was appointed and tasked with leading the search to fill these positions. Fuller will continue to work closely with Bozek, the board and senior leadership team to ensure continuity during the transition.

“As I gained a deeper understanding of our operations, it became clear the CPO role and the work that the pensions area is responsible for has grown significantly over the years and has become increasingly complex,” said Bozek, in a press release. “We believe these appointments position OPB well to continue delivering excellent service, protecting the pension promise and advancing both the client and employee experience.”

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