Ontario Teachers’ Gets a New CIO
New investment head Ziad Hindo aims to boost international investing, along with a newly named global development director.
Ziad Hindo is the new chief investment officer of the C$189.5 billion ($148.1 billion) Ontario Teachers’ Pension Plan.
Hindo will succeed Bjarne Graven Larsen, who stepped down in April. Larsen served Ontario Teachers’ for two years. The organization’s CEO, Ron Mock, had been serving as interim CIO as the fund looked for Larsen’s replacement.
Hindo has been with the fund since 2000, and was previously head of its capital markets group.
The Canadian pension plan also promoted another investment veteran this week. Jo Taylor is now the business’ first executive managing director, global development. Taylor brings 30-plus years of private equity and venture capital experience to the new role, effective immediately. He will relocate to Toronto from London. Previously, Taylor led the teachers’ pension plan’s international investments. He has been with the fund since 2012. His direct responsibilities for the job were undisclosed.
In addition to their other duties, Hindo and Taylor will work together on building the plan’s international strategy and grow its presence.
Mock said the appointments showcased the pool of talent within the fund, and praised their investment teams. “I am confident that Ziad and Jo will be very successful in advancing our investment strategy using a total fund approach and global mindset,” he said in a statement.