Mark Wiseman, President & CEO of the CPP Investment Board (CPPIB), is pleased to announce the appointment of Pierre Lavallée to the position of Senior Vice-President and Chief Talent Officer.
In his new role Mr. Lavallée will lead the organization in implementing best-practices in talent management to support CPPIB’s development as a global investment organization. He will also retain certain responsibilities related to investment activities of CPPIB.
Mr. Lavallée joined CPPIB in April 2012 as Vice-President and Head of Funds and Secondaries in the Private Investments Department. Prior to joining CPPIB, he held senior executive positions at Reitmans (Canada) Limited and Bain & Company, including serving as Managing Partner for Bain & Company Canada. Mr. Lavallée also spent five years as a Trade Commissioner with the Government of Canada. He holds a Bachelor Social Sciences (Hon. Economics; summa cum laude; Gold Medal) and an M.A. (Economics) from the University of Ottawa.
CPPIB is a professional investment management organization that invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 18 million Canadian contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in London and Hong Kong, CPPIB is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At December 31, 2012, the CPP Fund totaled $172.6 billion. For more information about CPPIB, please visit www.cppib.ca.