TORONTO, ONTARIO--(Marketwired - Feb. 6, 2014) - Mark Wiseman, President & Chief Executive Officer, Canada Pension Plan Investment Board (CPPIB), is pleased to announce the appointment of Ed Cass to the position of Senior Vice-President & Chief Investment Strategist and a member of the Senior Management Team, effective as from April 1st.
In this role, Mr. Cass will be responsible for overall fund level investment strategy and will chair the Investment Planning Committee, which approves all new investment programs and oversees all portfolio risks, including passive, active, credit and liquidity risks.
Mr. Cass is currently Vice-President & Head of Global Tactical Asset Allocation in the Public Market Investments Department, having held several other senior leadership roles in that department.
Prior to joining CPPIB in 2008, Mr. Cass was Managing Director and Co-Chief Investment Officer for Fortress Investment Group's Drawbridge Relative Value Fund. He previously held senior positions at Deutsche Bank Canada and TD Securities.
Mr. Cass holds a Bachelor of Science (Honours) degree in Theoretical Physics from Queen's University and a Bachelor of Laws from Osgoode Hall Law School.
About Canada Pension Plan Investment Board
Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 18 million Canadian contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in London, Hong Kong, New York City and São Paulo, CPPIB is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At September 30, 2013, the CPP Fund totalled $192.8 billion. For more information about CPPIB, please visit www.cppib.com.