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David Denison is the new president and CEO of CPP Investment Board

16/12/2004Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityToronto-based CPP Investment Board has appointed David Denison as president and CEO. Denison will join on 17 January 2005, succeeding John A MacNaughton.

The CPP Investment Board, a professional investment management organisation, invests funds received from the Canada Pension Plan. It is one of the largest private equity investors in Canada, with more than C$2bn of fund commitments.

Dennison is currently president of Fidelity Investments Canada. Previously, he served as president of one of Fidelity's business units in the United States.

His previous employers include Price Waterhouse, Merrill Lynch, S.G. Warburg Canada, Mercer Consulting and Bunting Warburg.

Gail Cook-Bennett, chair of the CPP Investment Board, said, 'David Denison is a seasoned executive with two decades of experience within global financial services organisations, and an impressive record of accomplishment. His integrity, broad management experience and success in strategy execution are precisely the qualities that the board sought in a new CEO.'

Denison is also a member of the Board of Governors of York University and the York School, a director and treasurer of the Toronto Rehabilitation Institute and a member of the Campaign Cabinet for the United Way of Greater Toronto.

Copyright © 2004 AltAssets

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