The CPP Investment Board has announced several appointments to its senior management team.
The changes reflect the realignment of responsibilities between finance and operations functions, it says.
Benita Warmbold will assume the role of senior vice president & chief financial officer, responsible for all finance functions. She was most recently senior vice president & chief operations officer. Warmbold joined CPPIB in 2008.
Nick Zelenczuk will assume the role of senior vice president & chief operations officer, responsible for operations, technology and planning functions. He was most recently senior vice president & chief financial officer. Mr. Zelenczuk joined CPPIB in 2009.
Mark Machin will assume the role of senior vice president & head of international, responsible for coordinating all of CPPIB’s international investment activities and management of its global advisory relationships. Machin, who joined CPPIB in 2012, will continue in his role as president, CPPIB Asia Inc.
Alain Carrier will assume the role of managing director & head of Europe with responsibilities for leading and coordinating the activities of CPPIB in Europe, the Middle East and Africa. He was most recently managing director – Europe, and global head of infrastructure, private investments. In this new role, Carrier will be reporting to Machin. Carrier joined CPPIB in 2008.
The CPP Investment Board, one of the world’s largest pension funds, invests money not needed by the Canada Pension Plan to pay benefits for some 18 million current retired contributors.