Wiseman To Replace Denison As CPPIB CEO

Feb 28 2012 | 1:13pm ET

Mark Wiseman will replace David Denison as CEO of the Canada Pension Plan Investment Board.

Wiseman, the current head of investments at the CPPIB, will take up his new post at the end of June.

Denison, who has been CEO since 2005, had a lengthy career in financial services prior to assuming his CPPIB position, having worked at firms such as Merrill Lynch, Midland Walwyn and Mercer Consulting. Before joining CPPIB he was president of Fidelity Investments Canada.

His tenure at CPPIB was marked by an increase in active investment, reports the Globe & Mail.

“David Denison’s leadership has been exceptional in managing the assets of the CPP on behalf of 18 million Canadians while fostering a culture capable of undertaking the largest and most complex transactions in the world,” Robert Astley, the chair of CPPIB’s board, said in a press release.

“His successor, Mark Wiseman, has been instrumental in helping to shape and execute CPPIB's strategy over the last seven years, consistently demonstrating deep knowledge of our business and culture,” Mr. Astley added. “We undertook a deliberate process, determined to select a successor who would continue to provide outstanding leadership. The board unanimously agreed Mark Wiseman was the ideal choice."

Wiseman joined the CPPIB in the summer of 2005 from the Ontario Teachers’ Pension Plan.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of