Thursday, May 08, 2008
Mark J. Fuller, President of the Ontario Pension Board, is pleased to announce important changes on the senior executive team. These appointments reflect OPBís continued commitment, as Administrator of the Ontario Public Service Pension Plan (PSPP), to be a leader in pension plan administration.
Paul Edmonds is appointed Senior Vice-President, Corporate Affairs and General Counsel. Mr. Edmonds will be responsible for risk management, governance and legal affairs and will also play a key role in strategy development and the overall management of OPB. Mr. Edmonds has a rare combination of legal and management expertise. Prior to joining OPB this year, he was a Partner in the Business Law Group of a major Canadian law firm. He has also served as a senior executive at an international transportation firm, with responsibility for human resources, finance and stakeholder relationships, and is well respected for his business acumen and leadership capability.
The PSPP is a major defined benefit pension plan sponsored by the Government of Ontario. Serving over 76,000 Members and Pensioners and 80 Employers, the Planís assets total almost $16 billion. As one of Canadaís largest and oldest pension plans, dating back to the 1920s, its long-term investment returns consistently rank the PSPP as one of the top performing Canadian public sector plans.
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