What happened
Leadership shakeups are never boring, and PSP just had another one. David Ouellet is leaving his post leading technology at the Public Sector Pension Investment Board. On Friday, the pension said that Alexandre Roy, the Chief Risk Officer, would step in as interim chief technology, data and operations officer, confirming earlier reporting from Bloomberg. "We express sincere gratitude to David for his significant contributions to PSP over the years," a spokesperson for the fund said. "He has played an important role in shaping PSP's evolution."
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Who is stepping in and Ouellet's background
Roy, currently serving as Chief Risk Officer, will take on the chief technology, data and operations role on an interim basis. According to his LinkedIn profile, Ouellet joined the organization in 2012, taking on several positions over time, including a stint as head of strategic and business planning.
A run of departures and PSP's scale
Ouellet's departure adds to a run of exits over the past two years. The fund has seen several leaders move on. Among the departures are Chief Investment Officer Eduard van Gelderen; Chief Financial and Risk Officer Jean-Francois Bureau; and Patrick Samson, formerly the global head of real assets investments. All of this is unfolding at the fund, which manages C$321 billion ($225 billion) in assets.
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