Ontario Teachers’ announces new heads of Capital Markets, Total Fund Management
From L to R: Stephen McLennan, Gillian Brown
• Gillian Brown appointed Senior Managing Director, Capital Markets
• Stephen McLennan appointed Senior Managing Director, Total Fund Management
TORONTO – Ontario Teachers' Pension Plan (Ontario Teachers') is pleased to announce the appointment of two new leaders to its Investment Executive Team, effective immediately.
Gillian Brown, who has been with Ontario Teachers' since 1995 in progressively senior roles, has been appointed to the role of Senior Managing Director, Capital Markets. Most recently, Gillian was Managing Director, Insurance Linked, Credit & Equity Products in Capital Markets.
Stephen McLennan, an Ontario Teachers' veteran who was most recently head of Natural Resources, has been appointed to the role of Senior Managing Director, Total Fund Management. The newly-created Total Fund Management department will form the nucleus of the Chief Investment Officer's office as it integrates our portfolio construction approach with our treasury and funding capabilities.
"I am pleased to announce these promotions from within, which again demonstrate the depth of our talent pool," said Chief Investment Officer Ziad Hindo. "Stephen and Gillian are great additions to the Investment Executive Team and I am sure that their leadership, investment acumen and strategic thinking will help underpin our mission to pay pensions for generations to come with long-term, stable and sustainable returns."
About Ontario Teachers'
The Ontario Teachers' Pension Plan (Ontario Teachers') is Canada's largest single-profession pension plan, with $193.9 billion in net assets at June 30, 2018. It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an average annualized rate of return of 9.9% since the plan's founding in 1990, to December 31, 2017. Ontario Teachers' is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which was fully funded as at December 31, 2017, invests and administers the pensions of the province of Ontario's 323,000 active and retired teachers. For more information, visit otpp.com and follow us on Twitter @OtppInfo.
Senior Manager, Investment Communications