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Ottawa, March 22, 2001 New Appointments and Reappointments to the Canada Pension Plan Investment BoardRelated documents:
The Government of Canada today announced the appointment of three new directors to the Canada Pension Plan Investment Board (CPP Investment Board) effective immediately. The three new appointees to the Board are Gilbert Gill, Monique Leroux and Helen Sinclair. In addition, current members Mary Arnold, Jacob (Jack) Levi and Helen Meyer have been reappointed to the CPP Investment Board. "I am confident that the new members will make excellent contributions to the CPP Investment Board’s highly respected and well-balanced Board of Directors," Finance Minister Paul Martin said. "I would like to thank the provincial governments and the nominating committee for their invaluable co-operation in the selection process." The directors were selected by the federal government, in consultation with the provincial governments, from a list of qualified candidates provided by a joint federal-provincial nominating committee. The nominating committee, which is chaired by Michael Phelps, Chairman and Chief Executive Officer of Vancouver-based Westcoast Energy Inc., consists of 10 members, one appointed by the federal government and one appointed by each of the nine participating provinces. The CPP Investment Board is a Crown corporation created by an Act of Parliament in December 1997. It invests in capital markets funds not needed by the Canada Pension Plan to make current pension payments. It is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. Biographical notes on the new appointees are attached, along with a fact sheet on the role of the CPP Investment Board. ___________________
If you would like to receive automatic e-mail notification of all news releases, please visit the Department of Finance Canada Web site at http://www.fin.gc.ca/scripts/register_e.asp Canada Pension Plan Investment BoardBiographical SketchesAppointmentsGilbert Gill: Mr. Gill is a former Deputy Minister of Finance for the Government of Newfoundland and Labrador and currently resides in Mount Pearl, Newfoundland. He has held a number of senior positions with the provincial government and has served on numerous boards and committees. He has significant private sector experience with the accounting firm G.H. Ward & Partners. He is currently a member of the Institute of Chartered Accountants of Newfoundland, and serves on the Board of Directors of the Newfoundland Symphony Orchestra, the Brother T.I. Murphy Learning Resource Centre Inc. and the Enterprise Newfoundland and Labrador Corporation. Monique Leroux: As Senior Executive Vice-President and Chief Operating Officer of Quebecor Inc., Ms. Leroux is responsible for the strategic, operational and organizational development of the company as well as for the co-ordination of corporate staff functions. Prior to joining Quebecor, Ms. Leroux held positions with the Royal Bank of Canada and Ernst & Young. A resident of Montréal, Ms. Leroux is a member of the Board of Directors and Executive Committee of the Board of Trade of Metropolitan Montreal and serves on the Board of Directors of a number of non-profit organizations. She is currently President of the Montreal Heart Institute Research Fund. Helen Sinclair : Ms. Sinclair, of Toronto, Ontario, founded and is Chief Executive Officer of BankWorks Trading Inc., which provides electronic commerce and training technologies to companies in the financial sector. She was President of the Canadian Bankers Association from 1989 to 1996 and was formerly a Senior Vice-President of Scotiabank. Ms. Sinclair has extensive experience in the financial services sector, has served on a number of committees and holds several corporate directorships. She is a member of the Ontario Securities Act Advisory Committee and is active in the annual fundraising efforts of the United Way of Greater Toronto.Canada Pension Plan Investment BoardFact Sheet
If you would like to receive automatic e-mail notification of all news releases, please visit the Department of Finance Canada Web site at: http://www.fin.gc.ca/scripts/register_e.asp. | |||||||||||||||||||||||||||||||||||||||
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