Board of Directors

Chair

Dan Chornous
Chief Investment Officer
RBC Global Asset Management Inc. 
Toronto, Ontario
Board Member since December 11, 2007
Board Chair since June 15, 2011

Treasurer and Chair of the Finance and Audit Committee
Vice Chair of the Governance and Nominating Committee
Member of the Public Policy Committee

Dan Chornous is Chief Investment Officer of RBC Global Asset Management Inc. (RBC GAM), the Royal Bank of Canada’s wholly-owned investment management subsidiary. The firm manages assets approaching $250 billion for institutional, high net worth and retail clients in fixed income, equity and alternative mandates in Canada and around the world. At RBC GAM, Dan is responsible for the overall direction of investment policy and fund management. In addition, he chairs the RBC Investment Strategy Committee, the group responsible for global asset mix recommendations and global fixed income and equity portfolio construction for use in RBC Wealth Managements’ key client groups including RBC Dominion Securities and RBC Phillips, Hager & North Investment Counsel. Prior to joining RBC GAM in November 2002, Mr. Chornous was Managing Director, Capital Markets Research and Chief Strategist at RBC Capital Markets. In that role, he was responsible for developing the firm’s outlook for global and domestic economies and capital markets, as well as managing the firm’s global economics, technical and quantitative research teams.

In December 2010, Dan joined the board of BlueBay Asset Management following its merger with RBC GAM. He also sits on the boards of Bona Vista Asset Management and RBC Asset Management (U.K.) Ltd., and is a member of the RBC Pension Investment Strategy Committee.

For many years, Dan has been active in the Canadian investment community. He serves as Chair, Canadian Coalition for Good Governance and is a member and past Chair of its Public Policy Committee. In addition, he is a member of the Toronto United Way major giving cabinet campaign, a former Director of the Toronto Society of Financial Analysts and of the Winnipeg Society of Financial Analysts.

Dan is a graduate of the University of Manitoba (B. Comm, Honours, 1980) and is a member of The Associates, Asper School of Business. In 1985, Dan was awarded the Chartered Financial Analyst designation.

Vice Chair

Donald F. Reed
President and Chief Executive Officer
Franklin Templeton Investments Corp.
Toronto, Ontario
Board Member since January 23, 2003

Chair of the Governance and Nominating Committee
Vice Chair of the Finance and Audit Committee 
Member of the Public Policy Committee

Donald F. Reed, President and Chief Executive Officer of Franklin Templeton Investments Corp., as well as Chief Executive Officer of Templeton Investment Counsel, LLC, is responsible for managing international global portfolios and currently manages institutional accounts in addition to a retail mutual fund for Templeton. Mr. Reed is also President, Chief Executive Officer, and a director of Templeton Growth Fund, Ltd. In addition, he is a director of Templeton Worldwide, Inc. and serves on the Executive Committee of Franklin Resources, Inc.

Prior to joining Templeton in 1989, Mr. Reed was President and Director of Reed Monahan Nicolishen Investment Counsel, a pension fund investment management company based in Toronto. He was President of the Toronto Society of Financial Analysts in 1983. In 1985, Mr. Reed was elected a director of the Financial Analysts Federation and has served on the executive committee of that organization. He was also a co-founder of the International Society of Financial Analysts. In 2000, Mr. Reed was the recipient of the Thomas L. Hansberger Award for Leadership in Global Investing. He is currently a director of the Canadian Coalition for Good Governance and the Investment Funds Institute of Canada, and he also serves on the Board of Governors for Acadia University.

Mr. Reed earned a B.Com. from Acadia University. In 1980, he received the Chartered Financial Analyst designation. Mr. Reed is also a Chartered Investment Counsellor (CIC).

 

Director

Derek Brodersen
Chief Investment Officer
Alberta Teachers' Retirement Fund
Edmonton, Alberta
Board Member since June 18, 2013

Member of the Member Engagement Committee

Derek Brodersen is Chief Investment Officer of the Alberta Teachers' Retirement Fund Board (ATRF), an independent corporation that administers the pension plans for teachers in the province of Alberta.  Derek is responsible for the development and implementation of investment policies and strategies, as well as the overall management of ATRF’s globally-diversified portfolio of pension assets.   Derek joined ATRF in 1997 as Portfolio Manager, Equities, and assumed the role of Chief Investment Officer in 2008.  

Prior to joining ATRF, Derek was Vice President, Equities at Crown Life Investment Management, and also managed investments in the firm’s fixed income and private equity areas.  Derek holds a Bachelor of Commerce degree from the University of Manitoba, an M.B.A. from York University and the Chartered Financial Analyst designation.

Director

Julie Cays
Chief Investment Officer
CAAT Pension Plan
Toronto, Ontario
Board Member since June 18, 2013

Vice Chair of the Public Policy Committee
Member of the Governance and Nominating Committee

Julie Cays is the Chief Investment Officer at the Colleges of Applied Arts and Technology (CAAT) Pension Plan which is the jointly sponsored, defined benefit pension plan for the employees of the Ontario college system.   Julie joined CAAT in 2006 and leads the team that oversees the investment of the $6.5 billion fund in a diversified mix of public and private asset classes.  She has extensive capital markets and pension investment experience gained during her 16 years of working in various roles at CIBC and five years at Healthcare of Ontario Pension Plan (HOOPP) as Vice President, External Managers.

Julie is past Chair of the Pension Investment Association of Canada, is a member of the Investment Committee of the United Church of Canada Pension Plan and of the Investment Committee of the J.W. McConnell Foundation.

Born in Toronto, she received her degree in economics from the University of Waterloo and has her Chartered Financial Analyst designation.

Director

Stephen A. Jarislowsky
Chairman & Former CEO
Jarislowsky, Fraser Limited
Montréal, Québec
Board Member since January 23, 2003

Member of the Public Policy Committee

Stephen A. Jarislowsky is the former President and former Chief Executive Officer and current Chairman of Jarislowsky Fraser Limited, a firm he started 56 years ago. Over that time, he has directed the growth of the company to become one of the largest and most successful investment management firms in Canada. Throughout his career, Mr. Jarislowsky has been a strong advocate for shareholder rights.

Mr. Jarislowsky has been active in other corporations, participated in educational, cultural and charitable activities of many kinds, endowed twenty-one University S.A. Jarislowsky Chairs and contributes frequently to television, radio, magazines and newspapers. He is the recipient of the International Entrepreneurial Award from the University of Manitoba. Current public board directorships include Goodfellow Inc. where he is the Chair.

Mr. Jarislowsky was named a Fellow of the Institute of Corporate Directors in June 2006 and was inducted into the Canadian Business Hall of Fame in May 2007.

Mr. Jarislowsky has B.Sc. Mech. Engineering from Cornell University along with an MA with Phi Beta Kappa Honours from the University of Chicago and a MBA from Harvard University. He is a recipient of the Companions of the Order of Canada, a Grand Officer de l’ Ordre National du Québec, Honorary LL.D. from Queen’s University, University of Alberta, Université de Montréal, McMaster University, Concordia University, Assumption University, l’Université Laval, Simon Fraser University, McGill University, University of Ottawa and University of Quebec.

Jim Keohane

Director

Jim Keohane 
President & CEO
Healthcare of Ontario Pension Plan (HOOPP)
Toronto, Ontario
Board Member since June 18, 2013

Jim Keohane joined HOOPP in 1999, bringing more than 25 years of institutional investing experience with several national firms.

As president and CEO, Jim is responsible for the ovearll leadership and management of the organization, as well as for developing, implementing and overseeing - in consultation with HOOPP's Board of Trustees - performance measurement programs, long-term strategies and annual work plans to ensure the organization meets the needs of Plan beneficiaries.

After completing his Bachelor of Science degree at the University of Ottawa, he obrtained his MBA at Queen's University. He is a Chartered Financial Analyst and has completed the Directors Education Program (Rotman School of Management) at the Institute of Corporate Directors. 

 

 

 

 

Director

Stéphanie Lachance
Vice President Responsible Investment and Corporate Secretary
PSP Investments Board
Montreal, Quebec
Board Member since June 3, 2014

Vice Chair of the Member Engagement Committee

Stéphanie Lachance is Vice President, Responsible Investment and Corporate Secretary at PSP Investments.

Stéphanie joined PSP Investments in 2006 as Corporate Secretary and her role evolved over the years.  In 2012 she formerly took the responsibility of overseeing PSP Investments’ responsible investment strategy in addition to her Corporate Secretary responsibilities. In her current role, she provides corporate secretariat services to the board and board committees as well as advice and policy orientation on governance and responsible investment matters.

Prior to joining PSP Investments, Stéphanie was Senior Legal Counsel Compliance and Assistant Corporate Secretary at Quebecor Media Inc. Previously, Stéphanie was Manager Corporate Finance at the Autorité des marchés financiers (formerly known as the Quebec Securities Commission), Legal Counsel at the Toronto Stock Exchange (Montréal office) and Corporate Finance Analyst-Legal Counsel at the Montréal Exchange. She started her career practicing corporate and securities law in a Montréal law firm.

Stéphanie holds a Law Degree (LLB) from the Université de Montréal and is a member of the Québec Bar.  She is a member of the Governance Committee of the Pension Investment Association of Canada (PIAC) and a member of the Listings Advisory Committee of the Toronto Stock Exchange. 

 

 

Director

Larry Lunn
Chairman
Connor, Clark & Lunn Investment Management Ltd.
Vancouver, British Columbia
Board Member since September 15, 2010

Member of the Public Policy Committee

Larry is the Chairman of the Connor, Clark & Lunn Financial Group Ltd. and Connor, Clark & Lunn Investment Management Ltd.

Larry has over 40 years of experience in the financial services industry, starting his career as a security analyst for Gairdner & Company in 1969. He went on to become Vice-President of Farmers and Merchants Trust in 1971, Senior Vice-President of Commerce Capital Corporation in 1976, and in 1979 he was appointed Executive Vice-President for First City Trust. In 1982 Larry founded Connor, Clark & Lunn Investment Management Ltd. and the 20/20 Financial Group in 1986.

Larry is a graduate of the University of Alberta and a CFA charter holder. He grew up in High River, Alberta and currently lives in Vancouver. Larry is a counsellor for the University of British Columbia Portfolio Management Foundation and member of the Public Policy Committee as well as Director of the Canadian Coalition for Good Governance.  Larry is also on the Board of Trustees for the Vancouver Art Gallery (Chair of the Finance / Audit committee and a member of the Executive and Acquisitions committees).

 

Director

Kim Shannon
President & CIO
Sionna Investment Managers Inc.
Toronto, Ontario
Board Member June 11, 2007 to June 15, 2011
Board Member since June 3, 2014

Member of the Governance and Nominating Committee
Member of the Finance and Audit Committee

Kim founded Sionna in the summer of 2002 and has more than 30 years of investment management experience. She was previously chief investment officer and senior vice president at Merrill Lynch Investment Managers Canada Inc. Kim is a past president of the CFA Society Toronto. She is currently a member of the CFA Institute Board of Regents (where she previously served as its chair), and is on the board of the Brandes Institute. Kim also serves as board member for the Canadian Coalition for Good Governance.  Kim was awarded the Morningstar Fund Manager of the Year for 2005. She was also awarded the RBC Canadian Woman Entrepreneur Award and the Women’s Executive Network’s Canada’s Most Powerful Women: Top 100 Award in 2007.

 

Director

John Sinclair
President, Chief Executive Officer, and Chief Investment Officer
New Brunswick Investment Management Corporation
Fredericton, New Brunswick
Board Member since June 15, 2011

Chair of the Member Engagement Committee

John Sinclair is the President and Chief Executive Officer of the N.B. Investment Management Corporation (NBIMC) which is responsible for managing the financial assets of over 49,000 members of the New Brunswick Public Service, Teachers’, and Judges’ defined benefit pension plans. He is also the Chief Investment Officer in which he is responsible for the overall direction and coordination of the investment activity for over $9 billion in plan assets.

He started his career in a logistics planning role with General Motors Corporation, and prior to joining NBIMC worked in a number of corporate and investment banking positions with Citigroup Inc. John joined NBIMC in 2000, became Chief Investment Officer in 2002, and President and Chief Executive Officer in 2003.

A native of New Brunswick, he holds both a B.Sc. and M.Sc. in Civil Engineering from the University of New Brunswick, and a Master's in Business Administration with distinction from the Richard Ivey School of Business at the University of Western Ontario. He serves as a Director of the Pension Investment Association of Canada, as a Director of Atlantic Industries Limited, and participates on the Investment Committee of both the University of New Brunswick and the Fredericton Community Foundation.

Bryan Thomson

Director

Bryan Thomson 
Senior Vice President, Equity Investments
British Columbia Investment Management Corporation
Victoria, British Columbia
Board Member since June 18, 2013

Member of the Public Policy Committee

Bryan Thomson is the Senior Vice President, Equity Investments at bcIMC overseeing a program of approximately $45 billion in publicly traded equities investing in the global markets.  bcIMC manages around 60% of the equities internally using index, quantitative and active strategies, with the remainder managed by external managers.  All internally managed assets are traded by our Equities trading desk. bcIMC is very involved in shareholder engagement, voting all proxies for investee companies and engaging with companies, policy-makers and other like-minded investors, on a range of environmental, social and, governance issues.  Bryan joined bcIMC in 1997 after graduating from the University of Victoria and became the Department Head in 2002.  Bryan holds both the CFA and CAIA charters and he is a board member of the Pacific Pension Institute.

 

Director

Rob Vanderhooft 
Chief Executive Officer and Chief Investment Officer
Greystone Managed Investments Inc.
Regina, Saskatchewan
Board Member since June 15, 2011

Member of the Finance and Audit Committee

Rob came to Greystone in its third year of operation. Consequently, he helped shape the firm’s growth philosophy and process of investment management. Assuming the leadership of our Canadian equity team, he further sharpened process execution, skills he brought to the CIO’s role when the firm created the position in 1998. In 2002, he added the organization-wide responsibilities of President, and in the same year was named one of Canada “Top 40 under 40” by the Globe & Mail.

On July 1, 2006, Rob succeeded Don Black as Chief Executive Officer. As CEO, he is responsible for Greystone’s strategic direction and growth, working on a team basis with the firm’s executive officers in the operating areas of investment management, compliance, administration and marketing. He likewise steers investment product development and guides client service. Rob also remains the firm’s Chief Investment Officer, where he oversees investment strategy, new-product development and in-house teams covering Canadian equities, fixed income, US equities and Canadian real estate.

Before joining Greystone, Rob Vanderhooft spent four years with Great-West Life Assurance in the US equities area. He holds a B. Comm. from the University of Manitoba and is a CFA charterholder. An active volunteer, Rob has been a chair and Campaign Cabinet member for Regina’s United Way campaign. He is also past-President of the Saskatchewan Chapter of Financial Analysts.

Director

Mark Wiseman 
President and Chief Executive Officer
CPP Investment Board
Toronto, Ontario
Board Member since July 1, 2012

Chair of the Public Policy Committee

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 master's 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 also a past Chairman of Youth Without Shelter, an emergency shelter for homeless youth.

Director

Michael Wissell
Senior Vice-President, Public Equities 
Ontario Teachers’ Pension Plan
Toronto, Ontario
Board Member since June 3, 2014

Member of the Member Engagement Committee

Michael Wissell leads the department that oversees the fund's Public Equities portfolios. Public Equities incorporates internally managed portfolios, Teachers' relationship investing team as well as external managers used to broaden our geographic scope. In support of these activities, Public Equities monitors the corporate governance practices of the companies in which Teachers' invests.

Mr. Wissell joined Teachers' in 2002 with more than 15 years of capital markets experience. As Senior Vice-President, Tactical Asset Allocation and Natural Resources, he played an important role in Teachers' development of that asset class. He holds a B. Comm. from Carleton University, an MBA from McMaster University, an ICD.D designation from the Institute of Corporate Directors and is a CFA charter holder.