|By Marketwired .||
|June 24, 2014 03:26 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/24/14 -- Canada Pension Plan Investment Board (CPPIB) is pleased to announce that Dr. Heather Munroe-Blum has been appointed Chairperson of its Board of Directors, effective October 27, 2014, by the Honourable Joe Oliver, Federal Minister of Finance. Dr. Munroe-Blum will succeed Robert Astley, the CPPIB's Chairperson since 2008, whose term expires in October.
Mr. Astley was the second person to serve as Chairperson of CPPIB. During his tenure, Mr. Astley oversaw CPPIB through a tremendous period of growth as it evolved into a global investment organization, endured the global financial crisis, diversified the CPP Fund globally and pursued its long-term active management strategy.
"I want to thank my fellow Directors for the privilege of serving alongside them for the past eight years," said Bob Astley. "I am deeply conscious of the Chair's responsibility to 18 million contributors and beneficiaries of the CPP. CPPIB's Board is critical to effective oversight on their behalf. The CPPIB's governance structure, with an independent professional Board of Directors, is globally recognized as a best practice for national pension plans and I am proud to have been part of this legacy."
Dr. Munroe-Blum was appointed as a Director of CPPIB in 2011 and is currently a member of its Human Resources and Compensation Committee. She has more than 25 years of senior management experience concentrated in higher education, public policy, and research and development and has served as a director on executive, human resources and compensation, governance, investment finance and risk committees across the public and private sectors. She has served on the boards of Four Seasons Hotels, Alcan, the Canada Forum of Rio Tinto Alcan, Yellow Media Inc., and Hydro One (Ontario), among others. Dr. Munroe-Blum served for more than a decade as McGill's Principal and Vice-Chancellor (President) and is a distinguished academic administrator and renowned scholar in the fields of psychiatric epidemiology and public policy. She also served as Vice-President, Research and International Relations at the University of Toronto. She is currently a director of the Royal Bank of Canada, the Trilateral Commission and the Gairdner Foundation and a member of the President's Council of the New York Academy of Sciences, the Canada Foundation for Innovation and the Board of Stanford University's Center for Advanced Study in the Behavioral Sciences. She is an Officer of both the Order of Canada and l'Ordre national du Quebec and recipient of numerous honorary doctorates from Canadian and international universities.
"Dr. Munroe-Blum exemplifies the attributes of an effective Chairperson," said Bob Astley. "One of our principal duties as Directors is to provide oversight to CPPIB's complex, sophisticated and global investment programs. The board unanimously agrees that Heather's strong reputation as a leader on our Board combined with her strategic thinking and knowledge of global markets make her a clear and welcome choice as Chairperson and will help ensure a seamless and orderly transition of responsibilities."
"I am honoured to assume the role of Chairperson and build on Bob Astley's remarkable leadership," said Dr. Munroe-Blum. "I look forward to working closely with the Board of Directors and President & CEO Mark Wiseman and his management team as CPPIB continues to pursue its long-term strategy to invest the largest single-purpose pool of capital in Canada and help provide a foundation upon which 18 million Canadians build their financial security in retirement."
CPPIB is governed and managed independently of the Canada Pension Plan and at arm's length from federal and provincial governments. The foundation supporting this governance structure is an independent board of highly qualified directors that approves investment policies, determines with management the organization's strategic direction and makes critical operational decisions. Directors are selected through a rigorous, multi-step governmental nomination and appointment process to ensure they are sufficiently skilled to supervise a complex professional investment management organization. This governance model is globally recognized as a model for strong governance and as a best practice for national pension plans.
The CPPIB's Chairperson appointment process is overseen by the federal Minister of Finance who consults with the finance ministers of each participating province and with the CPPIB Board of Directors to select the Chairperson from among the CPPIB's current Board of Directors.
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 Hong Kong, London, New York City and Sao Paulo, CPPIB is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At March 31, 2014, the CPP Fund totalled $219.1 billion. For more information about CPPIB, please visit www.cppib.com.
Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said "No to LUNs." With Tintri they manage only virtual machines, in a fraction of the footprint and at far lower cost than conventional storage. Tintri offers the choice of all-flash or hybrid-flash platform, converged or stand-alone structure and any hypervisor. Rather than obsess with storage, leaders focus on the business app...
Feb. 27, 2017 10:15 PM EST Reads: 614
Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products and services around this fundamentally unique approach to delivering complete software release management solutions. With a combination of Addteq's services and our extensive list of partners,...
Feb. 27, 2017 10:00 PM EST Reads: 1,286
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Feb. 27, 2017 09:15 PM EST Reads: 4,167
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Feb. 27, 2017 08:30 PM EST Reads: 839
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
Feb. 27, 2017 08:00 PM EST Reads: 7,955
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Feb. 27, 2017 07:45 PM EST Reads: 1,614
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Feb. 27, 2017 07:45 PM EST Reads: 7,369
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Feb. 27, 2017 07:30 PM EST Reads: 2,257
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
Feb. 27, 2017 07:15 PM EST Reads: 1,975
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
Feb. 27, 2017 07:00 PM EST Reads: 2,600
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
Feb. 27, 2017 07:00 PM EST Reads: 2,203
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
Feb. 27, 2017 06:45 PM EST Reads: 2,253
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Feb. 27, 2017 06:30 PM EST Reads: 2,137
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
Feb. 27, 2017 06:15 PM EST Reads: 520
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Feb. 27, 2017 06:15 PM EST Reads: 8,310