The Canadian Source Of Employee Pension Fund Investment And Benefits Plan Management


Key Players in the Industry

October People Issue



Anand Parsan, Paula Gimenez, and Neil Swiggum have joined the executive compensation practice at Accompass. All three were with the Korn Ferry Hay Group.


Susan Nickerson, a partner at Torys LLP, is the first recipient of the Association of Canadian Pension Management’s ‘Don Ireland Award’ for exceptional level of volunteerism. A leading pension and benefits lawyer with more than 18 years of experience and expertise in all areas of pension and benefits law and governance, she has been a member of the ACPM since 2000. At a national level, she has served as chair of the strategic communications committee and the national policy committee. The award was renamed this year in memory of the late Don Ireland, a long-time employee at Aon Hewitt and a vice-chair and member of the association who passed away suddenly this year. Michel Jalbert is chair of the ACPM. He replaces outgoing chair Hugh Wright, managing partner and CEO at McInnes Cooper. Since July 2011, he has been senior vice-president, business development and client partnerships, at Addenda Capital. The term of the office is two years.

AIMA Canada

Michael Burns, of Boden Ladner Gervais LLP, will continue in the role of chair of AIMA Canada. The new executive committee of the board for the 2016/18 term includes a record number of new members. Deputy chair is Claude Perron, of Cristalline Management. Derek Hatoum, of PwC LLP, is treasurer and legal counsel is Darin Renton, of Stikeman Elliott LLP. Additional executive committee members are Stéphane Amara, Allianz Global Investors; Steve Banquier, TD Securities Inc.; Ranjan Bhaduri, Sigma Analysis & Management; James Burron, AIMA Canada; Anish Chopra, TD Asset Management Inc; Jesse Kaufman, Richardson GMP; Limited; Belle Kaura, Third Eye Capital Management; Laura Reid, KPMG LLP; and Claire Van Wyk, RBC Global Asset.

Aon Hewitt

Tom Ault is a partner in the retirement practice at Aon Hewitt. Based in the Vancouver, BC, office, he is deeply involved in the ‘Aon Longevity Model’ in Canada. He joined the firm in September of 1999 as an actuarial consultant. Troy Milnthorp is a partner in the Saskatoon, SK, office, providing pension and actuarial consulting services. Over the past years, he has been actively working on sustainability pension solutions.


Arthur Gitajn is CFO at Ceridian, replacing Lois Martin. He has over 25 years of global experience in the technology industry and brings a well-rounded executive management background as CFO for multiple public companies including, SAP Canada, SAP EMEA, Workbrain, and Intentia.


Kathleen Wylie (CFA) is executive director ‒ investment management research at CIBC Asset Management. Most recently, she was head of Canadian equity research at Russell Investments, a position she held from May of 2001. Prior to that, she worked for 10 years as a trading desk economist in the brokerage industry.


Rob Wesseling is president and chief executive officer at the Co-operators Group Limited, effective December 1. He is currently executive vice-president, property and casualty operations, Co-operators General Insurance Company and chief operating officer of the Sovereign General Insurance Company. He has spent the last 19 years with the company in increasingly senior leadership positions. He replaces Kathy Bardswick, the current president and CEO of the Co-operators Group Ltd., who is retiring.

CPBI Ontario

Christine van Staden is the 2016 Ontario CPBI region ‘Volunteer of the Year.’ Currently vice-president, national accounts, with Great-West Life, she has more than 28 years of experience in the pension and benefits industry in both Canada and the U.S. Since joining the Ontario council four years ago, she has chaired its Benefits Ball for two consecutive years and has twice chaired the regional conference.


Graeme Eadie is senior managing director and global head of real assets, a new investment department at the Canada Pension Plan Investment Board (CPPIB). He has been with CPPIB since 2005 and was most recently senior managing director and global head of real estate investments. Shane Feeney is senior managing director and global head of private investments. He joined CPPIB in 2010 and has 18 years of private equity experience. Before joining CPPIB, he was a partner and founding member of Hermes Fund Managers Limited's direct private equity business. Ryan Selwood is managing director, head of direct private equity, and will be responsible for overseeing co-sponsorships and other direct private equity transactions. He was most recently a managing director in the direct private equity group and lead for CPPIB's financial institutions investing initiative. Selwood previously led CPPIB's direct private equity activities in Europe. Prior to joining CPPIB in 2006, he was a vice-president at Merrill Lynch & Co. in the financial institutions group in the investment banking division.

Empire Life

Ron Friesen (CPA, CA) is senior vice-president and chief financial officer at the Empire Life Insurance Company. He has more than 20 years in senior leadership roles in banking and insurance in Canada and the United States. His areas of expertise include financial management and reporting, taxation, risk management, and liquidity and capital management.


David Cook is president of ENCON Group Inc. He succeeds Jean Laurin, who is retiring. A 24-year veteran of the company, he brings extensive industry expertise to the position. In his current role as CUO, he is responsible for overseeing all aspects of ENCON’s underwriting management division and has acquired a deep knowledge of the company’s operations


Pranav Pandya is chief financial officer (CFO) at Fengate Capital Management. He will assume responsibility for global finance and accounting and will provide oversight, leadership, and direction for investor relations, corporate development, and strategic planning.


Peter Cuthbert is chief operating officer, expanding his responsibilities to include the enhancement of Fiera Properties’ compliance, analytics, and risk management systems. He will continue to co-manage the flagship CORE Fund with Blair McCreadie who is senior vice-president and fund manager. He has over 25 years of industry experience and previously acted as head of Canadian real estate for a major Canadian financial institution. William Secnik is vice-president, investments, His experience of more than 20 years includes acquisitions, financing, repositionings, and dispositions on behalf of a cross-section of investment vehicles.


Stephen Mitchell will assume portfolio management responsibility for Foyston, Gordon & Payne Inc. He was most recently Burgundy Asset Management Ltd.’s portfolio manager for global and U.S. large capitalization equity funds, which he managed for nearly 10 years. He is well known both domestically and outside of Canada as a leading global equity portfolio manager.


Gary Hawton is chief executive officer at Hawton Consulting Inc. Most recently, he was president of OceanRock Investments and Qtrade Financial Group. Prior to that, he spent 10 years as chief executive officer at Meritas Mutual Funds. He has also served as a board member and chair of the Responsible Investment Association.

Hospital Employees' Union

Brendan Dick is enhanced disability management co-ordinator at the Hospital Employees' Union in British Columbia. He has been with the union since January 1988, most recently as director ‒ pensions and benefits.

Kaplan Law

Ari N. Kaplan has left Koskie Minsky to launch Kaplan Law, a solo legal practice focused on mediation in the pension and benefits sector. In 2015, he became Canada's first qualified mediator with recognized expertise in pension law. He has been a member of the pension and benefits practice at Koskie Minsky LLP for more than 18 years and has served as counsel or co-counsel on some of Canada's landmark pension cases. 

London Stock Exchange

Waqas Samad is CEO of fixed income and multi-asset benchmarks for the London Stock Exchange Group’s information services division. In this newly-created role, he will lead FTSE Russell’s continued global growth into indexes measuring fixed income and other multi-asset classes, with responsibility for building a global team to support this growth. He will also help to expand FTSE Russell’s presence in North America, overseeing the FTSE TMX joint venture in North America and all other fixed income partnerships. He was most recently CEO of BRAIS (Barclays Risk Analytics & Index Solutions).


Richard Payette is president and CEO of Manulife Quebec. He will be responsible for leading the development, implementation, and execution of the Quebec strategy to advance its position and support the company's mission and vision in the province. He has more than 30 years of experience in business management, transformation, leadership, and mergers and acquisitions. From 2010 to 2015, he held several senior leadership positions at accounting, tax, and advisory firm BDO. Most recently, he was CEO for the Americas Region for BDO International. Linda Mantia is senior executive vice-president and chief operating officer (COO). She will be a member of the executive committee and the global leadership team. Most recently, she served as executive vice-president of digital, payments, and cards at Royal Bank of Canada (RBC). Prior to that, she worked at global management consulting firm McKinsey & Co. As well, she practiced corporate securities law at Davies Ward Phillips & Vineberg LLP.


Kim Skeath is a principal in the Vancouver, BC, office of Mercer. With more than 20 years of experience in disability management, health promotion, and wellness, she is the western Canada lead on the health and productivity team. Previously, she developed and managed the workplace health and wellness program for a marine transportation and ship building company. Jason Imoo is a principal on the talent team, specializing in executive and broad-based employee compensation. Based out of the Vancouver office, he brings more than 17 years of experience in the human resources consulting industry, including previous experience at Mercer. Louis-Charles Godin is a health and benefits consultant in Mercer Canada’s Quebec City, QC office. His main role will be to focus on business development. He will also be in charge of the region’s group insurance clients. He began his career as a sales representative for a major Quebec City insurance company. With the insurance expertise and market knowledge he acquired, he went on to join the sales force of a large Canadian insurer for the launch and subsequent development of Solution, a group insurance product.


Alexander Uborcev is director of integrated people management at RBC. Most recently, he was senior manager of integrated people management at the Royal Bank of Canada, a position he held since July 2014. Prior to that, he was an associate vice-president at Aon Consulting, a firm he joined in 2005.

Sun Life

Jean-Michel Lavoie is assistant vice-president, product development, group benefits at Sun Life Financial. He will oversee the creation and implementation of the strategy for group benefits products. He joined the firm in 2013 as product director, pharmaceutical benefits, after many years in the pharmaceutical industry, including working as a pharmacist and a brand manager for Pfizer Canada. Kevin Morrissey is senior vice president and chief actuary. He will oversee the firm's enterprise-wide actuarial practices and provide leadership, direction, and vision for the company's actuaries. He joined the company in 1988 and gained experience across valuation, pricing, and finance roles in Canada. He was appointed vice president, asset liability management in 2005, initially for Canada and then for North America. He was then promoted to senior vice president in 2013 and served as the company's first global leader of asset liability management. Stian Andersen (CIM) is director of institutional business development in western Canada at Sun Life Global Investments. Based in Calgary, AB, he is responsible for developing and furthering business relationships in British Columbia, Alberta, Saskatchewan, and Manitoba. Previously, he was with Manulife Asset Management.


Pierre Wehbi is a relationship manager, institutional clients, covering pension plans in eastern Canada for TD Asset Management (TDAM). He had previously been with Sun Life Financial, Standard Life Investments, and Mercer.


Mathieu Tanguay (CFA) is president and senior partner at Triasima Portfolio Management. Previously, he was a partner and investment business leader for central and then eastern Canada for Mercer Investments, a firm he joined in August of 2010 as a senior investment consultant. Prior to that, he was vice-president, capital markets, at TD Securities and taught finance at HEC Montreal.


Daren Smith is president and CIO of University of Toronto Asset Management (UTAM). Smith takes over from William Moriarty, who retired from the C$6.5 billion fund earlier this year. Smith had served under Moriarty since 2008 as a managing director focusing on manager selection and portfolio construction.



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