Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance minister fired the Crown agency’s entire board, along with a number of executives, citing ballooning costs and substandard returns. Read: Leadership changes at the AIMCo could impact credibility, independence: expert Premier […]
Sun Life Financial Inc. is appointing Jacques Goulet as executive chair and Jessica Tan as president of Sun Life Canada, effective Sept. 30. In his new role, Goulet will support a smooth leadership transition and help deliver on key elements of the company’s enterprise strategy. He’ll also continue as the chair of the board of […]
The Ontario Pension Board is making two senior executive appointments as part of its management transition plan. The organization is appointing Marc Rondeau (pictured right) as executive vice-president and chief pension officer and Mila Babic (pictured left) as executive vice-president and chief client services officer, effective Aug. 6, 2024. Rondeau will replace Darwin Bozek as […]
Mark White, the chief executive officer of the Financial Services Regulator of Ontario, has been confirmed as chair of the Ontario Energy Board and will be stepping down from his current role effective July 16, 2024. Stephen Power, executive vice-president of corporate services at the FSRA, will serve as interim CEO while the organization undertakes an […]
The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta Pensions Services Corp., where he was president and chief executive officer. He’ll transition into the role of president and CEO under the mentorship of current CEO Mark Fuller, who’ll step down […]
The Ontario Pension Board is announcing its plans for managing the coming departures of two of its top executives — Mark Fuller, president and chief executive officer, and Peter Shena, executive vice-president and chief pension officer. Shena (pictured right) will be stepping down from his role at the end of 2023, while Fuller (pictured left) […]
While 88 per cent of global executives say their organizations use succession planning, 74 per cent report their organizations often or always hire external candidates for leadership roles as opposed to promoting from within, according to a new survey by Ceridian HCM Inc. The survey, which polled 2,000 global leaders, found a third (35 per […]