CIBC Mellon has appointed former Canada Pension Plan Investment Board managing director Karen Rowe as its new chief financial officer. At the CPPIB, Rowe was managing director and head of investment finance and led a team responsible for aspects of the organization’s global private investment portfolio, including finance, valuation and operations. In her new role […]
After a 38-year career, Jeff Aarssen is retiring from his role as senior-vice president of group customer sales at the Great-West Life Assurance Co. “Jeff has made an indelible mark on our sales organization, achieving incredible results while establishing a deep respect from his peers and his teams, as well as advisors and consultants across […]
The Canadian Life and Health Insurance Association has elected Mark Sylvia, president and chief executive officer of the Empire Life Insurance Co., as its new chair. According to the association, Sylvia will work alongside chair-elect Alka Gautam, president and chief executive officer of RGA Life Reinsurance Co. of Canada, and past chair Paul Mahon, president […]
The Investment Management Corp. of Ontario has appointed Jean Michel as its chief investment officer, effective July 3, 2018. In the role, Michel will head up the organization’s investment team, designing and overseeing its investment activities on a global level, as well as handling its pursuit of strategic partnerships. “Jean is an exceptional leader who brings […]
Sun Life Financial Inc. has appointed Helena Pagano as executive vice-president and chief human resources and communications officer. Pagano joined Sun Life in 2017 as senior vice-president of total rewards. Previously, she was managing director and head of human resources at RBC Capital Markets, and held a variety of roles at the Toronto-Dominion Bank, including senior vice-president […]
Russell Investments has appointed Robert Hostetter as its new global head of product. In the role, Hostetter will focus on enhancing the firm’s capabilities throughout asset management, investment outsourcing, implementation and advice offerings, according to a press release. “At Russell Investments, we have spent decades developing innovative investment solutions to help our clients achieve the outcomes they […]
BFL Canada Consulting Services Inc. has appointed Jean-Daniel Côté as vice-president of retirement. Based in Montreal, Côté will play a senior consulting role for a range of employer clients and contribute to the growth of BFL Canada’s retirement consulting team, according to a news release. With nearly 30 years of experience in retirement and investment consulting, […]
Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset managers in Canada. Reporting to Ross Servick, Schroders’ head of Canada, Cohen joins the firm from MFS Investment Management Ltd., where he was most recently director of relationship management. Prior […]
The Canada Infrastructure Bank has found its inaugural chief executive officer in Pierre Lavallée, a former senior executive at the Canada Pension Plan Investment Board. “With an exceptional combination of investment and public-sector expertise, Pierre is well placed to set the strategic course and direction of Canada Infrastructure Bank and develop a high-performing management team,” […]
Julie Holden is principal of a new workplace health consultancy, Holden & Associates. Since July 2014, she worked at SEB Benefits & HR Consulting Inc., most recently as a senior vice-president. Holden’s career has spanned a number of consulting firms in roles that include: absence and disability management leader, health and productivity leader and assistant vice-president of […]