Teachers’ promotes McLennan

Ontario Teachers’ Pension Plan has promoted Stephen McLennan to vice-president, natural resources.

He’s responsible for managing Teachers’ allocation to natural resources—valued at approximately $12 billion, including assets in financial commodities and private assets such as timberland, oil and gas, mining and agriculture.

McLennan joined Teachers’ in 2003 and was most recently director, natural resources.

He reports to Ziad Hindo, senior vice-president, tactical asset allocation and natural resources.

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