By Muskan Arora
The CA$264.9bn Public Sector Pension
Investment Board appointed Alexandre Roy as interim CIO, from the role of
senior managing director-total fund management.
Roy will take over the office immediately.
The appointment comes as both CIO Eduard
van Gelderen and PSP investments have “mutually agreed” to his departure, as
per the press release on August 21.
Gelderen will leave the organization on
October 1, however, will immediately be stepping away from day-to-day
operations.
Gelderen joined PSP Investments in 2018 and
was responsible for the firm’s total fund portfolio and long-term strategy. He
also led the sustainable investment, public policy, global government affairs
and strategic communications functions of the system.
“Eduard’s commitment to building diverse
and inclusive teams has made us a stronger organization. His sponsorship and
support of PSP’s Anti-racism, culture, and religion affinity group will leave a
lasting legacy,” said Deborah K. Orida, President and Chief Executive Officer,
PSP Investments, in the press release.