President & Chief Executive Officer
Our mandate is to invest in the best interests of Canada Pension Plan contributors and beneficiaries and to maximize investment returns without undue risk of loss.
President & Chief Executive Officer
Mark assumed the role of President and CEO in July 2012 and is responsible for leading the CPP Investment Board and its investment activities.
Mark joined the CPP Investment Board in June 2005 as the organization’s Senior Vice-President, Private Investments. He was later named Executive Vice-President, Investments, responsible for managing all of the investment activities of the CPP Investment Board – Public Market Investments, Private Investments and Real Estate Investments.
Prior to joining the CPP Investment Board, Mark was responsible for the private equity fund and co-investment program at the Ontario Teachers’ Pension Plan. Previously, Mark was an officer with Harrowston Inc., a publicly traded Canadian merchant bank and a lawyer with Sullivan & Cromwell, practicing in New York and Paris. He also served as a law clerk to Madam Justice Beverley McLachlin at the Supreme Court of Canada. From 2004 to 2007, Mark was Chairman of the Institutional Limited Partners Association, a non-profit organization committed to serving limited partner investors in the global private equity industry.
Born in Niagara Falls, Ontario, Mark holds a BA from Queen’s University and a law degree and MBA from the University of Toronto. He was also a Fulbright Scholar at Yale University, where he obtained a masters degree in law and is a certified member of the Canadian Institute of Corporate Directors.
In 2006, Mark was named to Canada’s Top 40 Under 40. He is a Board member for the Canadian Coalition for Good Governance (CCGG) and serves on the board of several not-for-profit organizations, including the Capital Markets Institute, Mount Sinai Hospital in Toronto and Right to Play International. He is the United Way Toronto Campaign Chair for 2015. He is also a past Chairman of Youth Without Shelter, an emergency shelter for homeless youth.
Senior Managing Director & Global Head of Real Estate Investments
Graeme is responsible for the global real estate program which encompasses both equity and debt investments. Operating out of London, Hong Kong and Toronto the department is active in seven major developed and four developing countries.
Prior to joining the CPP Investment Board in June 2005, Graeme held multiple roles including Chief Financial Officer, Chief Operating Officer and President of Cadillac Fairview. Graeme has also held senior management positions with a number of entities in the retail and manufacturing areas and formerly was a Trustee of the Morguard Real Estate Investment Trust and a Director of the Ontario Realty Corporation.
Graeme earned his B. Comm. and M.Sc. (Business Administration) degrees from the University of British Columbia.
Senior Managing Director & Global Head of Investment Partnerships
Chief Talent Officer
Pierre leads the Investment Partnerships team, which includes investment in private equity funds and secondaries, co-investments, direct private equity in Asia, public market investments through external managers and thematic investing. In his capacity as Chief Talent Officer, he leads the global Human Resources team. Pierre joined the CPP Investment Board in April 2012, as Vice-President and Head of Funds & Secondaries in the Private Investments department.
Prior to joining CPPIB, Pierre was the Executive Vice President, Reitmans (Canada) Limited, based in Montreal. Before joining Reitmans, he spent over 18 years with Bain & Company in Toronto. Pierre led Bain’s Canadian practice in retail, telecom and private equity. He also served as Managing Partner for Bain & Co. Canada and served on the firm’s Operating Committee for several years. Before Bain, Pierre spent 5 years with the Government of Canada as a Trade Commissioner in the Department of External Affairs and International Trade, serving in Ottawa and Japan.
Pierre holds a Bachelor Social Sciences (Hon. Economics; summa cum laude; Gold Medal) and an M.A. (Economics) from the University of Ottawa.
Senior Managing Director & Head of International
President, CPPIB Asia Inc.
Mark joined the CPP Investment Board in March 2012 and is responsible for coordinating all of our international investment activities, the overall management of our global advisory relationships as well as leading the organization in Asia. Prior to joining CPPIB, Mark had a 20 year career at Goldman Sachs, where he was most recently Vice Chairman of Asia ex-Japan, based in Beijing. Mark has been based in Asia since 1994 where, among other roles, he ran the Investment Banking Division of Goldman Sachs in Asia ex-Japan for six years. Previously, he also ran Goldman Sachs’ Equity Capital Markets and Financing businesses in Asia. Mark was a member of Goldman Sachs’ Asia Management Committee and the Firmwide Capital Committee.
Mark holds a BA from Oriel College, Oxford and BM BChir from Downing College, Cambridge.
Senior Managing Director & Chief Financial Officer
Benita is responsible for the Finance and Legal departments including corporate and investment finance, treasury, performance, enterprise reporting, investment risk, tax, internal audit, governance, legal risk, corporate secretarial and compliance.
Prior to that, Benita was the Chief Operations Officer, responsible for technology, investment operations, data, investment finance, treasury, performance, reporting and investment risk.
Before joining CPP Investment Board, she spent 11 years as the Managing Director and Chief Financial Officer for Northwater Capital Management Inc. where she was a member of the Senior Management Team and was responsible for operations, finance, risk management, compliance, regulatory affairs, and treasury functions. With over 30 years of finance experience, she previously held senior positions with Canada Development Investment Corporation and KPMG.
Benita is currently active on several boards, including Canadian Public Accountability Board, Toronto Financial Services Alliance and Women’s College Hospital. She is also Chair of the Queen’s School of Business Advisory Board (at Queen’s University) and Vice-Chair of the Audit and Risk Committee of Queen’s University.
Benita was recognized as a Top 100 Most Powerful Women – Corporate Executives Category in 2009 and 2010. She has also been selected by the Canadian Board Diversity Council for its first-ever Diversity 50, which recognizes qualified, diverse candidates for board of director appointments.
Benita holds an Honours Bachelor of Commerce degree from Queen’s University, is a Fellow of the Institute of Chartered Accountants of Ontario and has been granted the ICD.D designation by the Institute of Corporate Directors.
Opening Remarks of the CPP Investment Board before the Standing Committee on Finance Regarding the Study on Measures to Enhance Credit Availability and the Stability of the Canadian Financial System
April 28, 2009 (PDF 29.6 KB)
Delivered by Benita Warmbold, Chief Operating Officer and Senior Vice-President
Senior Managing Director & Chief Operations Officer
Nick is responsible for our operations, technology and planning functions as well as data management, office services & facilities and enterprise risk management. The global heads of Human Resources and Public Affairs & Communications also report to Nick in his capacity as Chief Operations Officer.
Nick has more than 25 years of experience in the financial services industry and prior to joining CPP Investment Board in 2009 was the Senior Vice-President, Audit and Risk Management for BCE Inc. Earlier in his career, he served as President and CEO of Deutsche Bank Canada and has held a variety of senior financial positions at CIBC Wood Gundy and at Citibank Canada.
Nick serves on the boards of Teine Energy Ltd and Wilton Re Ltd. He also serves on the board of Trillium Health Partners and was most recently their Treasurer and Chair of the Finance and Audit Committees.
Nick holds an Honours Bachelor of Commerce degree from Queen’s University and is a Fellow of the Institute of Chartered Accountants.
Senior Managing Director & Chief Investment Strategist
Ed is responsible for overall fund level investment strategy. He chairs the Investment Planning Committee, which approves all new investment programs and oversees all portfolio risks, including passive, active, credit and liquidity risk. Ed has been with the CPP Investment Board since 2008, initially heading up the Global Capital Markets group during the financial crisis. He then subsequently headed up the Global Corporate Securities group and then the Global Tactical Asset Allocation team, all within the Public Market Investments department.
Prior to joining CPPIB, he was Managing Director and Co-Chief Investment Officer for Fortress Investment Group’s Drawbridge Relative Value Fund where he was responsible for the development and execution of fixed income, currency, stock index and commodity trading strategies. With over 15 years of investment experience, Ed previously held senior positions at Deutsche Bank Canada and TD Securities.
Ed holds a Bachelor of Science (Honours) degree in Theoretical Physics from Queen’s University and a Bachelor of Laws from Osgoode Hall Law School.
Senior Managing Director & Global Head of Private Investments
Mark is responsible for leading CPPIB’s direct private investments program including direct private equity, natural resources, infrastructure and principal credit investments. He also oversees the portfolio value creation group, responsible for supporting the management of individual investments to create value for the private investments portfolio. Prior to that he was Managing Director, Co-Head of Leveraged Finance Origination and Execution for Barclays Capital in New York.
Before joining CPPIB Mark spent over 11 years at Goldman Sachs & Co. in senior positions within Fixed Income and Financing Groups in New York. He also held senior finance roles at Laidlaw Inc. Mark holds a Bachelor of Commerce degree from Queen’s University.
He currently serves on the boards of Wilton Re and Merchant Capital Solutions.
Senior Managing Director & Global Head of Public Affairs and Communications
Michel joined the CPP Investment Board in July 2011 and leads the team responsible for the organization’s overall communications program and global public affairs, including relationships with domestic and foreign governments, media and other diverse stakeholder groups. He oversees CPPIB’s reputation management strategy, positioning its global capabilities to support long term investment and diversification goals, while upholding the mandate and governance structure.
A senior communications professional, Michel has over 20 years of experience in the areas of public affairs, government relations, corporate communications, social responsibility and branding. Most recently, he was Vice-President, Public and Corporate Affairs at Sun Life Financial where he oversaw the company’s global public affairs, corporate communications and brand management functions. He has also held positions at the Canadian Bankers Association and the Canadian Payments Association.
Michel has also recently been on the board of directors of the Canada China Business Council and the Toronto Financial Services Alliance. He holds a B.A. in Law from Carleton University.
Senior Managing Director, General Counsel & Corporate Secretary
Patrice is responsible for leading our legal and corporate secretarial functions. She brings a wealth of experience, most recently at Torys LLP where she spent over 22 years advising some of Canada’s largest public, private and government businesses on various transactions. She also advised boards of directors, and provided corporate governance advice and counsel on strategic initiatives and funding matters.
Patrice served for three years as an elected member of Torys’ Executive Committee. She also served on the Ontario Bar Association’s Corporate Law Subcommittee and on the advisory board to Catalyst in the
“Flexibility in Canadian Law Firms” series of surveys and publications. She is also a member of the Board of Directors of the Multiple Sclerosis Society of Canada – Ontario and Nunavut Division, a member of the Toronto Advisory Board of the Salvation Army, and serves on the Community Advisory Council of Broadview Village.
Ms. Walch-Watson holds a Bachelor of Arts (Honours) from Wilfrid Laurier University and a Bachelor of Laws from Queen’s University.
Senior Managing Director & Global Head of Public Market Investments
With over 30 years of experience in investment management, Eric is responsible for leading the CPP Investment Board’s Public Market Investments department, which invests in publicly-traded assets and related derivatives.
Prior to joining CPPIB in June 2011, Eric was the Group Chief Investment Officer, International at Fidelity Management & Research in Boston, Massachusetts. Eric held the roles of Chief Investment Officer at Putnam Investments and Managing Director at Cadence Capital Management.
Eric serves on the Board of Directors of the TMX Group and the UN-supported Principles for Responsible Investing. He also serves on the board of Soulpepper Theatre Company, and is a past president of the Boston Security Analysts Society.
Eric earned a B.A. in Earth Science from Wesleyan University, Middletown, Connecticut and is a Chartered Financial Analyst. Eric is a certified member of the Canadian Institute of Corporate Directors.