OPTrust appoints Peter Lindley as president and CEO

The OPSEU Pension Trust is appointing Peter Lindley as its president and chief executive officer, effective Sept. 16, 2019.

Peter Lindley brings deep experience in investing to this role and the board is pleased to have someone of his expertise and calibre join OPTrust,” said Michael Grimaldi, chair of the OPTrust board of trustees, in a press release. “As a pension management organization, we exist to serve our members, and we are confident our members will continue to be in excellent hands under Peter’s leadership.”

Read: Hugh O’Reilly stepping down from OPTrust

With more than 30 years of experience in the financial services industry, Lindley was most recently the president and head of investments at State Street Global Advisors Ltd., where he was responsible for the Canadian business strategy and $50 billion in assets under management. Prior to that role, he held senior roles at Deutsche Bank and CIBC World Markets.

“I’m delighted to join an organization that creates retirement security for so many people and I look forward to building on OPTrust’s legacy of delivering excellent results for the plan’s members,” said Lindley.

The appointment follows Hugh O’Reilly’s resignation from the role in March 2019.