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Executive Team
Our mandate is to invest in the best interests of Canada Pension Plan contributors and beneficiaries and to maximize investment returns without undue risk of loss

David Denison

David Denison
President and Chief Executive Officer

David was appointed to his position in January 2005. As the president and CEO of the CPP Investment Board, David is responsible for leading the organization and its investment activities.

David brings 24 years of experience in the financial services sector to his role, including senior postings in the investment, consulting and mutual fund businesses in Canada the U.S. and Europe. His previous firms have included Merrill Lynch, S.G. Warburg Canada, Midland Walwyn and Mercer Consulting.

He joined Fidelity Investments Canada in 1995 as the company's Chief Operations Officer and was later named President. David spent the years from 2000 to 2003 as President of Fidelity Investments Institutional Brokerage Group in Boston before resuming his duties as President of the Canadian company, a position he held until his appointment to the CPP Investment Board.

A native of Gander, Newfoundland, David was raised in Montreal. He is a graduate of the University of Toronto with undergraduate degrees in mathematics and education. Following six years as an educator, Mr. Denison earned his Chartered Accountant designation and began his business career.

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Myra Libenson

Myra Libenson
Chief Operations Officer

Myra is responsible for finance and operations at the CPP Investment Board.

Prior to joining the CPP Investment Board in June 2006, Myra served as vice president finance, Europe for Great-West Lifeco Inc. She held several positions during her 10-year tenure with Canada Life and Great-West Lifeco, and several roles within The Bank of Montreal, O&Y Enterprises and Ernst & Young. Myra is a seasoned senior executive with more than 20 years of finance and operations experience.

Myra is a Chartered Accountant and earned a BA from Vassar College (New York) and an MBA from the University of Toronto.

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John Butler

John H. Butler
Senior Vice President - General Counsel and Corporate Secretary


John brings a wealth of legal and business experience to his position as Vice President - General Counsel and Corporate Secretary. He spent 22 years with Torys LLP (and its predecessor firm), most of that time as partner, and served as the firm's Chief Financial and Administrative Officer. While with Torys, he was seconded to executive positions with Royal Trustco, Bramalea Limited, Brookfield Development Corporation and First City Capital Markets. Most recently, he was Senior Vice President, Corporate Development for Barrick Gold Corporation.

John was appointed Vice President - General Counsel and Corporate Secretary in October 2003.

John earned his LLM and LLB degrees from Osgoode Hall, York University, and received his BA in business administration (Gold Medalist) from Wilfrid Laurier University. He was called to the Ontario Bar (Silver Medalist) in 1979.

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Ian Dale

Ian Dale
Senior Vice President - Communications and Stakeholder Relations

Ian joined the CPP Investment Board in January 2003.

Prior to joining, Ian spent six years in the telecommunications industry, first as Vice-President, Public Relations for AT&T Corp. in Canada and subsequently as Vice-President, Corporate Communications at AT&T Canada. Before that, he was Director, Corporate Communications at CIBC. He also worked at the CBC as a producer on network current affairs programs in television and radio.

He holds an MA in journalism from the University of Western Ontario and is a graduate of the University of Toronto.

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Graeme Eadie

Graeme Eadie
Senior Vice President - Real Estate Investments

Graeme is responsible for leading the investment team managing the real estate portfolio.

Prior to joining the CPP Investment Board in June 2005, Graeme served as chief financial officer of two large publicly traded companies in the retail and manufacturing sectors, and chief operating officer of Cadillac Fairview. Graeme is a seasoned senior executive with more than two decades of experience.

Graeme earned his B.Comm. and M.Sc. (business administration) degrees from the University of British Columbia.

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John H. Ilkiw

John H. Ilkiw
Senior Vice President - Portfolio Design and Risk Management

John is responsible for research to support the development of investment policies and value-added strategies including risk management.

John has over 30 years of experience in the pension field acquired through his work in Canada, the U.K. and the United States. Prior to joining the CPP Investment Board in August 2005, John was Director of Research and Strategy for the Russell Investment Group at its head office in Tacoma, Washington. He has also held several other senior positions with the Group's global consulting practices and their U.K. and Canadian operations. Prior to joining Russell, he worked at William M. Mercer Limited in Toronto and Ontario Ministry of Treasury and Economics.

John earned his BA from York University and his MA (economics) at the University of Toronto. He is a Chartered Financial Analyst and has written extensively on strategic investment policies for pension funds.

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Donald M. Raymond

Donald M. Raymond
Senior Vice President - Public Market Investments

Don is responsible for leading the development and execution of the CPP Investment Board's strategy in publicly traded markets (which include stocks, bonds, currencies and derivatives), whether implemented by internal investment professionals or by partnering with external managers.

Prior to joining the CPP Investment Board, in September 2001, Don was with Goldman Sachs for seven years. He joined their Toronto office as a fixed-income strategist before moving to the Quantitative Strategies group in New York with responsibility for global equity and fixed-income portfolios. He began his investment career as a research analyst in the fixed-income derivatives department of Burns Fry, a predecessor of BMO Capital Markets.

Prior to developing an interest in finance, Don worked for Schlumberger in the People’s Republic of China and trained as a pilot in the Canadian Armed Forces. He holds a PhD in engineering from Queen's University and a CFA charter.

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David Wexler

David Wexler
Senior Vice President - Human Resources

David is responsible for leading the Human Resources department with a focus on the recruitment and ongoing development of the organization's capabilities, design and effectiveness.

Prior to joining the CPP Investment Board in January 2006, David served on the executive team at Alias Systems, a Toronto-based software company with operations in North America, Europe and Asia. He has also worked in senior human resources positions with large financial services organizations including Midland Walwyn and CIBC.

David earned his BA (honours economics) degree from York University and is fluent in French.

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Mark Wiseman

Mark Wiseman
Senior Vice President - Private Investments

Mark is responsible for leading private equity and infrastructure investments in the CPP portfolio.

Prior to joining the CPP Investment Board in June 2005, Mark led the private equity fund and co-investment program at the Ontario Teachers' Pension Plan. He was also vice-president at the private equity firm Harrowston Inc. and spent several years as a corporate lawyer with Sullivan & Cromwell practicing in New York and Paris.

Mark holds his MBA and law degrees from the University of Toronto and was a Fulbright Scholar at Yale University where he earned his master's degree in law.

Private Investments Team

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Graeme Bevans

Graeme Bevans
Vice President and Head of Infrastructure

Graeme is responsible for leading the development of the infrastructure portfolio in the Private Investments department.

Prior to joining CPP Investment Board, he was most recently the head of infrastructure at Industry Funds Management (IFM), an investment funds management company, and Executive Director at Copernican Securities, both located in Melbourne, Australia.

Graeme has over 25 years of international experience in corporate banking and infrastructure investing.

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André Bourbonnais

André Bourbonnais
Vice President and Head of Principal Investing

André is responsible for leading the private equity principal investing activities in the Private Investments department.

Prior to joining the CPP Investment Board, André was an executive with the Caisse de dépôt et placement du Québec, where he managed a $2 billion private investments portfolio in the telecommunications, media and entertainment sectors.

He has more than 20 years of experience in investment transactions and has held senior positions in law and corporate development in several sectors.


André is a lawyer and earned an LLM from the London School of Economics and Political Science and an LLL from the University of Ottawa.

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John B. Breen
Vice President and Head of Funds and Secondaries.

John leads the growth of global private equity fund activities in the Private Investments Department.

John has more than 25 years of experience in corporate finance and private equity, most recently as a Managing Partner of MWI Partners, a private equity fund based in Toronto. He has also held a number of senior positions for CIBC in Chicago, New York and Toronto, including his position as a founding member of CIBC Wood Gundy Capital, a leading Canadian merchant banking operation. Mr. Breen has also served on a number of Boards of Directors of both public and private corporations, including AltaGas Income Trust, a Canadian energy services business. He has also been active in charitable organizations such as the Foundation Fighting Blindness.

John holds a B.Comm (Honours) from Queen’s University.

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Jennifer Thompson

Jennifer Thompson
Vice President and Head of Information Technology

Jennifer is responsible for leading the Information Technology team with a focus on the systems strategy, implementations and operations which will enable our business operation.

She has more than 25 years of experience in information technology, most recently as Head of Information Technology for Citigroup Fund Services in Canada. She has held other senior positions including Chief Operating Officer at Merrill Lynch HSBC Canada, Chief Information Officer at Merrill Lynch Canada and Vice President of Information Services at Canadian Tire.

Jennifer holds an Honours Bachelor of Science degree in mathematics and computer science from Queen’s University. She is the former Chair of the Council of Chief Information Officers for the Conference Board of Canada, and was previously a member of the Queen’s University MBA for Science and Technology and the Ontario IT Strategy Advisory Boards.

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