CPPIB Builds Senior Staff Under New CEO

Mark Machin appoints three new senior managers as he takes the helm of the $218 billion pension plan.

The Canada Pension Plan Investment Board (CPPIB) has promoted three staffers to top positions as Mark Wiseman’s successor takes over as chief executive.

New President and CEO Mark Machin has appointed Alain Carrier, Suyi Kim, and Deborah Orida to roles in CPPIB’s senior management team, the fund announced Wednesday.

Carrier, CBBIP’s European head, will now oversee all of the pension’s international activities in addition to continuing as head of Europe. In his new role, he will report directly to Machin, who previously led international investments for the fund.

Kim will serve under Carrier as head of Asia. Her former role leading private investments in Asia will be filled by Orida, former head of international relationship investments. This included buying minority stakes in Asian and European public companies. 

All three managing directors have worked at CPPIB for several years, with Orida joining the most recently in 2009.

“These appointments are an excellent reflection of both the deep bench strength and great international experience we have within CPPIB,” Machin said in a statement.

Related: Mark Wiseman Exits CPPIB for BlackRock