Public Sector Pension Investment Board Appoints New CFO and CRO for Enhanced Financial Strategy
On March 27, 2025, the Public Sector Pension Investment Board (PSP Investments) announced significant leadership appointments aimed at bolstering its financial operations and risk management framework. Caroline Vermette has been named the new Chief Financial Officer (CFO), while Alexandre Roy steps up as the new Chief Risk Officer (CRO).
Caroline Vermette comes to PSP Investments with an impressive background, having previously worked at the National Bank of Canada as Senior Vice President for Internal Audit. Her vast experience spans over two decades in financial leadership roles. She is recognized for her adept handling of strategic financial planning, risk management, and her ability to enhance operational efficiency through innovative technology solutions.
According to Deborah K. Orida, President and Chief Executive Officer of PSP Investments, Vermette’s appointment is a pivotal move for the organization. Her extensive knowledge in financial reporting, internal auditing, and risk management is expected to be crucial in navigating the complexities of the global investment landscape. Her role will not only focus on maintaining financial strength but also driving the organization towards its strategic goals for the benefit of its beneficiaries.
Alexandre Roy, who has been part of PSP Investments since 2007, will transition to his new role as CRO after playing a vital part in enhancing the organization’s risk management function and portfolio construction process. His promotions through senior roles culminated in his most recent position as Senior Managing Director of Total Fund Management. This experience has equipped him with a comprehensive understanding of how to optimize investment processes and improve risk management strategies across the board.
Speaking on his appointment, Orida emphasized that Roy’s talent and leadership have been instrumental in creating value for PSP Investments. His deep understanding of the organization and his innovative approach to strengthening risk management will be vital for ensuring the long-term success and integrity of PSP's investment portfolio.
PSP Investments stands as one of Canada’s largest pension investment bodies, overseeing an impressive $264.9 billion in net assets as of March 31, 2024. The organization is responsible for managing and investing funds allocated to it by the Government of Canada. These investments cover the pension plans for federal public service employees, the Canadian Forces, and other government entities.
Established in 1999, the organization is headquartered in Ottawa, with primary operations based in Montréal and extensive offices across key global financial hubs, including New York, London, and Hong Kong. The new leadership changes are expected to enhance PSP Investments' capabilities in capital markets, private equity, infrastructure investments, and credit investments.
In conclusion, with Caroline Vermette and Alexandre Roy at the helm of financial and risk management, PSP Investments is poised to not only safeguard but also enhance its financial health and strategic direction, ensuring that it can continue to fulfill its mandate for its beneficiaries effectively. For more detailed updates and information, visit investpsp.com or follow their corporate announcements on LinkedIn.
Caroline Vermette comes to PSP Investments with an impressive background, having previously worked at the National Bank of Canada as Senior Vice President for Internal Audit. Her vast experience spans over two decades in financial leadership roles. She is recognized for her adept handling of strategic financial planning, risk management, and her ability to enhance operational efficiency through innovative technology solutions.
According to Deborah K. Orida, President and Chief Executive Officer of PSP Investments, Vermette’s appointment is a pivotal move for the organization. Her extensive knowledge in financial reporting, internal auditing, and risk management is expected to be crucial in navigating the complexities of the global investment landscape. Her role will not only focus on maintaining financial strength but also driving the organization towards its strategic goals for the benefit of its beneficiaries.
Alexandre Roy, who has been part of PSP Investments since 2007, will transition to his new role as CRO after playing a vital part in enhancing the organization’s risk management function and portfolio construction process. His promotions through senior roles culminated in his most recent position as Senior Managing Director of Total Fund Management. This experience has equipped him with a comprehensive understanding of how to optimize investment processes and improve risk management strategies across the board.
Speaking on his appointment, Orida emphasized that Roy’s talent and leadership have been instrumental in creating value for PSP Investments. His deep understanding of the organization and his innovative approach to strengthening risk management will be vital for ensuring the long-term success and integrity of PSP's investment portfolio.
PSP Investments stands as one of Canada’s largest pension investment bodies, overseeing an impressive $264.9 billion in net assets as of March 31, 2024. The organization is responsible for managing and investing funds allocated to it by the Government of Canada. These investments cover the pension plans for federal public service employees, the Canadian Forces, and other government entities.
Established in 1999, the organization is headquartered in Ottawa, with primary operations based in Montréal and extensive offices across key global financial hubs, including New York, London, and Hong Kong. The new leadership changes are expected to enhance PSP Investments' capabilities in capital markets, private equity, infrastructure investments, and credit investments.
In conclusion, with Caroline Vermette and Alexandre Roy at the helm of financial and risk management, PSP Investments is poised to not only safeguard but also enhance its financial health and strategic direction, ensuring that it can continue to fulfill its mandate for its beneficiaries effectively. For more detailed updates and information, visit investpsp.com or follow their corporate announcements on LinkedIn.
Topics Financial Services & Investing）
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