NEWS

Healthcare of Ontario Pension Plan appoints president and CEO

By Muskan Arora

The $84.9bn Healthcare of Ontario Pension plan has chosen Annesley Wallace as president and chief executive officer, effective April 1.

Wallace will succeed Jeff Wendling, who stepped down in September and has served as CEO since 2020.

As a part of a transition period, Wallace will begin working with Wendling from March 1, prior to assuming the CEO duties in April.

“Under Annesley’s leadership, HOOPP’s priority will remain the same: to have a fully funded plan that delivers a secure and reliable pension for members,” stated the news release.

Currently, Wallace is working as the executive vice president of strategy and corporate development and president-power and energy solutions at TC Energy. The Alberta-based firm focuses on energy infrastructure.

She also holds the position of director at Deep Sky, Toronto Region Board of Trade and Bruce Power.

Through the years, she held different leadership roles at C$133.6bn OMERS as its chief pension officer and also managing directors for its infrastructure vertical.

Wallace earned her MBA in finance and strategy from York University.