The executive managing director of global development will take over from the retiring Ron Mock on Jan. 1, 2020. (BNN Bloomberg)
Talking point: Many of Canada’s largest pension funds have picked executives with experience investing abroad for their top jobs in recent years, as they put more money into emerging markets that can deliver higher returns. Taylor was based in London and Hong Kong between 2016 and 2018, running OTPP’s operations in Europe, the Middle East, Africa and Asia-Pacific. The fund grew the last of those regions from eight per cent to 10 per cent of its investments during those years. Mark Machin, appointed CEO of the Canada Pension Plan Investment Board in 2016, is similarly an expert in Asian markets (he’s also British, like Taylor). And, British Columbia Investment Management Corporation. cited Gordon Fyfe’s experience with global investment deals when it named him CEO in 2014.