Public Sector Pension Investment Board announces new Chief Financial Officer and new Chief Risk Officer

Whats Happening:

The Public Sector Pension Investment Board (PSP Investments) has announced two key appointments to its leadership team. Caroline Vermette joins as Senior Vice President and Chief Financial Officer, bringing over 20 years of financial leadership experience. Alexandre Roy, a long-time PSP Investments employee, has been promoted to Senior Vice President and Chief Risk Officer. These appointments aim to strengthen the fund's financial management and risk oversight capabilities.

Key Moves:

• Caroline Vermette appointed as new CFO of PSP Investments

• Alexandre Roy promoted to CRO of PSP Investments

• Both executives join PSP Investments' Executive Committee

By The Numbers:

• PSP Investments manages $264.9 billion in net assets

• The fund was established in 1999

• PSP Investments has offices in Ottawa, Montreal, New York, London, and Hong Kong

Key Quotes:

• "The appointment of Caroline Vermette as CFO marks an exciting new chapter for PSP Investments," said Deborah K. Orida, President and CEO

• "Alexandre's exceptional talent and leadership has long been instrumental to PSP Investments in delivering value for our beneficiaries and advancing our strategic objectives," added Ms. Orida

Bottom Line:

PSP Investments' appointment of Caroline Vermette as CFO and Alexandre Roy as CRO strengthens its leadership team, positioning the fund for continued growth and effective risk management. These strategic hires demonstrate PSP Investments' commitment to enhancing its financial oversight and risk management capabilities in an increasingly complex global investment landscape.

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