PSP Investments Welcomes New Leaders in Financial and Risk Management Roles

On March 27, 2025, PSP Investments, one of Canada's largest pension investment managers, made significant announcements regarding its leadership. The company appointed Caroline Vermette as the new Chief Financial Officer (CFO) and Alexandre Roy as the Chief Risk Officer. These appointments are expected to enhance the organization’s strategic direction and financial oversight in a complex investment landscape.

Caroline Vermette comes to PSP Investments with an impressive background in financial management. Before this appointment, she served as Senior Vice President of Internal Audit at the National Bank of Canada, where she showcased her expertise in risk management and governance. With over two decades of experience in executive financial roles, Vermette has proven her ability in strategic financial planning, risk management, and enhancing efficiency through technology and innovation.

Deborah K. Orida, the President and CEO of PSP Investments, highlighted Vermette's experience in financial information, internal auditing, and risk management as crucial for steering PSP towards its goals. “Caroline's extensive experience will ensure PSP's financial robustness and strategic focus,” she noted. “She will strengthen our capacity to navigate the increasingly complex global investment context and fulfill our mandate for our beneficiaries.”

In addition to Vermette’s appointment, Alexandre Roy has been a significant asset to PSP since joining the organization in 2007. His advancement to Chief Risk Officer follows a series of leadership roles within the company, where he played a pivotal role in reinforcing the organization's risk management and portfolio construction functions. His development and implementation of a global portfolio approach has optimized PSP's investment process, improved portfolio returns, and enhanced risk management across the organization.

“Alexandre's exceptional talent and leadership have long been essential to PSP. His appointment as Chief Risk Officer reflects his profound understanding of our operations and his proven ability to develop and implement new strategies to strengthen our organization,” Orida remarked.

Founded in 1999, PSP Investments manages and invests the funds transferred to it by the Government of Canada for the public service pension plans, including those of the federal government, the Canadian Forces, and the Royal Canadian Mounted Police. As of March 31, 2024, it managed net assets of $264.9 billion, maintaining a diverse global portfolio that includes financial markets, private equity, real estate, infrastructure, natural resources, and fixed income securities.

With a head office in Ottawa and major business offices in Montreal, New York, London, and Hong Kong, PSP is well-positioned to continue fulfilling its mission of delivering strong investment performance for its beneficiaries. The appointments of Vermette and Roy are seen as strategic moves that will further enhance PSP's capabilities and commitment to excellence in investment management.

To learn more about PSP Investments and its strategic initiatives, visit investpsp.com or follow them on LinkedIn.