The Public Sector Pension Investment Board is appointing Patrick Charbonneau as its new chief investment officer, effective February 3, 2025.
He’ll oversee portfolio design and beta management activities, the fund’s overall investment strategy and the treasury function. Charbonneau succeeds Alexandre Roy, senior managing director of total fund management at the investment organization, who served as CIO on an interim basis following the departure of Eduard van Gelderen in August 2024.
Read: PSP Investments’ Eduard van Gelderen stepping down from SVP, CIO role
He has worked at PSP Investments for 18 years, including six years as a founding senior member of its London office. Charbonneau has 20 years of experience in the infrastructure sector and was instrumental in building the organization’s infrastructure portfolio.
“Patrick is an exceptional leader with a deep understanding of our mission and priorities,” said Deborah K. Orida, president and chief executive officer at PSP Investments, in a press release. “His expertise and vision will strengthen [PSP Investments’] ability to deliver long-term value for our beneficiaries and advance our strategic objectives in the years ahead.”
The investment organization is also appointing Yannick Beaudoin as president and CEO of Canada Growth Fund Investment Management, an independent public fund. He’ll be responsible for the CGF’s investment strategy and execution, in accordance with its independent and arm’s-length investment mandate.
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