Advisory Board

Executive Vice President & Chief Risk Officer
Caisse de dépôt et placement du Québec

Claude Bergeron has been Executive Vice-President and Chief Risk Officer since November 2009. In this capacity, he oversees the teams responsible for monitoring, measuring and analyzing risk at la Caisse. His team is also responsible for promoting a risk culture within the institution by focusing on specialized expertise in la Caisse’s investment areas and applying the tools developed to identify risks. The team also plays an active role in all management processes. Co-Chair of the Investment-Risk Committee, Mr. Bergeron sits on the Executive Committee.

Director, Private Funds and Asset Management
Alberta Investment Management Corp.
Mark Cormier is a Director at Alberta Investment Management Corp. (“AIMCo”) where he is responsible for private equity fund investing and asset management. AIMCo is one of Canada’s largest institutional investment managers with more than $100 billion of assets under management, of which $5 billion is allocated to private equity. Mark and his team currently manage a portfolio of more than 30 funds across North America, Europe and Asia. Prior to joining AIMCo in 2012, Mark was an investment banker at J.P. Morgan in New York. During Mark’s time at J.P. Morgan, he advised telecom clients on equity, leveraged finance and M&A. Mark holds an MBA with Honors from the University of Chicago Booth School of Business. Mark started his career at the Boston Consulting Group.

Chief Investment Officer
Workplace Safety and Insurance Board (WSIB)

John is the Chief Investment Officer for the Workplace Safety and Insurance Board. In his role as the Chief Investment Officer, John is responsible for the development, management and implementation of the Strategic Investment Plan for the WSIB Insurance Fund, Loss of Retirement Income Fund and WSIB Employee’s Pension Fund. John Denham has been employed with the WSIB since January, 2005. Previously John worked for the IBM Retirement Funds team managing total fund governance and investments for the Canadian fund and Domestic Equities for the US Retirement Fund. Prior to IBM, John managed the Xerox Canada Retirement Fund and Treasury Operations group for 9 years. Prior to Xerox, John worked for Manulife and in public practice with Deloitte & Touche. John holds Chartered Accountant and Chartered Financial Analyst designations as well as a Bachelor of Mathematics from University of Waterloo.

Penson Pulse
Leo Kolivakis is the publisher at Pension Pulse. He is a Canadian-based senior analyst specializing in pension funds and investments across public/private markets. A fluent bilingual senior economist and investment analyst, he brings over 15 years of experience in analyzing economic and financial trends across public and private markets and hedge funds.

President, Retirement Committee
Assembly of Quebec Catholic Bishops
Charles Quintal has over 30 years’ experience in corporate, structured and real estate finance and in managing various asset classes. From 2008 to 2011, he was Chair of the ‘MAV 1’ Advisory Committee, a $15 billion trust holding investments of Caisse de dépôt et placement du Québec, Mouvement Desjardins, National Bank of Canada, PSP Investments and Alberta Treasury Branches.

Over the same period, as AVP at Caisse de dépôt et placement du Québec, Charles was responsible for turning around the Caisse’s $12.5 billion frozen ABCP Portfolio. Prior to that, Charles oversaw the $1.2 billion ACE trust through which Société Générale’s Corporate and Investment Banking division ran its Canadian securitization business. He bought portfolios of auto loans and leases from major manufacturers as well as farm and construction equipment loans. Charles was also Vice-President, Structured Finance, Caisse de dépôt et placement du Québec and managed three public issues totaling $1.5 billion of Commercial Mortgage Backed Securities (CMBS) sold on the Canadian capital market.

Executive Director, Capital Markets
Department of Treasury Board and Finance
Government of Alberta

Steve is the Executive Director of Capital Markets for the Government of Alberta. Steve heads up the Capital Markets team responsible for the development and execution of the Province of Alberta’s borrowing and debt management strategy, alternative finance projects and the development of investment strategy and investment policy for the Province’s $18 billion Heritage Fund and other provincial endowments. He advises government on the use of the Provincial credit and relationships with the global capital markets and investor communities. Prior to joining the Alberta team in 2013, Steve worked for 15 years at the Province of Nova Scotia where he was responsible for the Province’s extensive derivative portfolio, debt issuance and fixed income asset management. Prior to joining government, Steve spent 10 years with the Bank of Nova Scotia in operations and commercial banking. Steve is a Chartered Financial Analyst and holds degrees in Finance and Economics from Saint Mary’s University.

Troy Advisory Services Inc.
Retired Chief Executive Officer & Chief Investment Officer
Halifax Regional Municipality Pension Plan

Terri Troy recently retired as CEO of the Halifax Regional Municipality Pension Plan. She has more than 25 years of experience in investment management, pensions, corporate strategy, and mergers and acquisitions. As CEO of the Halifax Regional Municipality Pension Plan, she transformed the governance structure, investment strategy, and customer service function between 2006-2017. Innovative investment strategies implemented included factor investing, portable alpha, and a significant emphasis on private investments including co-investments, syndications/club deals with other large institutional investors, and direct investments, etc. While CEO, Terri was a Board member of Calon Energy, a UK based energy company and a Board member of Alignvest Management, a Canadian financial services corporation. She was a member of Investor Advisory Committees for various global private investments including UK, European and US private equity; UK, Australian and Canadian infrastructure; European, UK, Asian, US and Canadian real estate; and European, UK, and US private debt.

Prior to the CEO role, Terri was responsible for the investment strategy for RBC’s 33 global pension plans between 2000-2006. Prior to RBC, Terri held various roles at CIBC including corporate strategy, mergers & acquisitions, and wealth management.

Terri has held various leadership roles in the pension industry including being a Board Member of the Pension Investment Association of Canada from 2004-2009; Chair of the Board in 2007, Chair of the Investment Practices Committee 2004-2009, Chair of the Government Relations Committee, 2010-2011 and a member of the International Limited Partnership’s Association’s Education Committee 2016-2018.

Over the course of her career, Terri has received many awards including the Leading Pension Plan Sponsor Award in 2011 and the Top 25 Most Influential Plan Sponsors in 2009 & 2010. Terri has an MBA from York University and an HBBA from Wilfrid Laurier. She also holds the CFA charter and is currently enrolled in the Institute of Corporate Directors course at Rotman.