The $25B Ontario Pension Board is appointing Joanna Carson as chief financial officer, effective Nov. 10, 2025.
In her new role, she will be responsible for the OPB’s corporate finance, procurement, enterprise risk management, and pension payroll functions.
“[Carson] has worked closely with [chief executive officers] and executive teams, serving as a key strategy advisor to drive transformation and deliver on organizational mandates, and she has extensive experience working with boards and audit and finance committees,” said Darwin Bozek, CEO of the OPB, in a press release. “I look forward to welcoming her to our executive leadership team and contributing to our mission to serve our 100,000 members of the Public Service Pension Plan.”
She brings to the OPB team extensive experience in regulated, fiduciary environments, including serving as CFO at the British Columbia Financial Services Authority, the $1B BC Credit Union Deposit Insurance Corp., and TRIUMF (Canada’s particle accelerator center). She also served in several leadership roles at the University of British Columbia, where she was also chair of the Audit Committee for the UBC Staff Pension Plan.
Carson has a proven track record of financial stewardship, operational transformation, and collaborative leadership in both pension and public sector contexts, noted the release, highlighting that she has led enterprise risk management, integrating risk registers into senior-level decision-making and modernizing procurement in several organizations.
She will succeed Armand de Kemp, the pension administrator’s current CFO, who is retiring at the end of 2025.
“I want to take this opportunity to thank our retiring CFO, Armand de Kemp for his over 20 years of dedication and service to OPB,” said Bozek. “[De Kemp] has been instrumental in evolving our finance functions, close collaboration with our partners at the Investment Management Corp. of Ontario, and the oversight of reliable pension payroll for our members.”
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