Rana Ghorayeb will oversee the pension fund’s $57 billion portfolio as it consolidates its Ivanhoé Cambridge and Otéra Capital subsidiaries.
Emond, who became CEO in 2020, will remain until at least February 2029.
The Canadian pension giant is integrating Ivanhoé Cambridge and Otéra Capital, also announcing the April departure of Ivanhoé Cambridge CEO Nathalie Palladitcheff.
Canada’s second-largest pension fund raised its portfolio’s asset value to C$424.2 billion.
Canada’s second largest pension is looking at legal options over failed $150 million crypto investment.
The Canadian pension giant plans to completely exit oil production investments by the end of next year.
