By Staff
The C$31.7B Ontario Pension Board has appointed Andrew Tambone its new chief investment officer, effective in July.
He will succeed outgoing CIO Chris Kautzky, who is retiring. In his new role, Tambone will be responsible for overseeing OPB’s relationship with its asset manager, the C$86B Investment Management Corp. of Ontario, and its investment performance.
He’ll be joining OPB from the C$24B Alberta Teachers Retirement Fund, where he is currently vice-president of investments and funding. Prior to his role with the ATRF, Tambone was CIO of the C$4.2B Special Forces Pension Plan Corp., where he was responsible for investment strategy and investment manager oversight. He also served as chief risk officer at the C$179.6B Alberta Investment Management Corp. Additionally, Tambone has held senior roles at the Workers’ Compensation Board in Alberta, including CIO and head of fixed income investments.
“I am very excited to welcome [Tambone] to the OPB team,” said Darwin Bozek, the organization’s president and chief executive officer. “I am confident that his leadership style, comprehensive investment executive experience, strong relationship management abilities, and his expertise in asset allocation, portfolio construction, asset-liability management, fixed income and risk management will serve OPB and our stakeholders extremely well in the years ahead.”
