Updated Monday, December 22, 2014 as of 6:29 PM ET

Canada Pension Names Warmbold as CFO Amid Management Shuffle

(Bloomberg) -- Canada Pension Plan Investment Board named Benita Warmbold chief financial officer as part of a management shuffle at the country’s largest retirement-fund manager.

Warmbold, the chief operations officer, is swapping roles with CFO Nick Zelenczuk as part of a realignment, Toronto-based Canada Pension said today in a statement. Zelenczuk becomes responsible for operations, technology and planning as COO. The changes are effective Dec. 1, Linda Sims, a spokeswoman, said in a telephone interview.

Canada Pension also named Mark Machin, a former Goldman Sachs Group Inc. banker who joined the pension-fund manager last year to oversee its Asia unit, as head of international investment. Alain Carrier, managing director of Europe and global head of infrastructure, private investments, will be in charge of Europe, reporting to Machin.

Canada Pension, which manages retirement savings for 18 million people in every province except Quebec, has investments in equities, real estate, infrastructure and fixed-income. The firm oversaw C$192.8 billion ($182.6 billion) of assets as of Sept. 30.

Get access to this article and thousands more...

All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here