PSP Investments appoints Caroline Vermette as CFO, Alexandre Roy as chief risk officer
Vermette joins the pension fund after serving as the National Bank of Canada’s senior vice-president of internal audit.
Vermette joins the pension fund after serving as the National Bank of Canada’s senior vice-president of internal audit.
The fund missed its 2024 total
benchmark return of 12.9%.
Jeff Wendling, the HOOPP’s CEO who is set to retire at the end of March, said the return was supported by solid performances in both public and private equity markets, including results from the plan’s infrastructure investments, alongside absolute return strategies.
“Despite a challenging economic environment, this impressive return aids in enhancing benefit security for our 10,000+ members and beneficiaries,” said Christopher Brown, the plan’s CEO.