Gordon Fyfe leaves federal pension fund to be CEO of B.C. Investment Management | iNFOnews | Thompson-Okanagan's News Source

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Gordon Fyfe leaves federal pension fund to be CEO of B.C. Investment Management

June 20, 2014 - 10:51 AM

VICTORIA - The long-time chief executive of PSP Investments, which manages retirement funds for the federal public service, Canadian Forces and RCMP, is leaving to take up a similar position at the B.C. Investment Management Corp. In his new role, Gordon Fyfe will manage a fund with $114.8 billion in assets — compared with $90 billion of assets managed by PSP Investments. Fyfe replaces Doug Pearce, who is retiring after more than 20 years as head of the bcIMC, which manages funds for public sector pension plans, public trusts and insurance funds. The Public Sector Pension Investment Board says it has a CEO succession plan in place but it didn't announce Fyfe's successor.

News from © The Canadian Press, 2014
The Canadian Press

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