Industry moves this week

Each week, Investment Executive reports on notable moves across the financial industry.

• Colin Purdie will become chief investment officer (CIO), public markets, with Manulife Investment Management on Dec. 1. Purdie — who’s coming from Toronto-based Aviva Investors (a subsidiary of Aviva plc) where he’s currently CIO, liquid markets — will succeed Christopher P. Conkey who’s retiring at the end of 2024 after 13 years with Manulife and 40 years in the industry. Between December 2023 and his retirement date, Conkey will be a special advisor to CEO Paul Lorentz, focusing on Purdie’s transition as well as special projects, a release said.
• The Ontario Teachers’ Pension Plan appointed Bruce Crane as executive managing director and head of the Asia-Pacific region. Crane, who joined the pension fund in 2020 as its first employee in Singapore, replaces Ben Chan who retired earlier this month. Crane will lead investment activities and portfolio management across the regional offices in Hong Kong, Mumbai and Singapore, where there are more than 85 employees, according to a release.
• Tashia Batstone, president and CEO of FP Canada, was named to the Canada Deposit Insurance Corp.’s board of directors for a four-year term.

If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Katie Keir at katie@newcom.ca.