Ziad Hindo Waves Ontario Teachers’ Goodbye
Posted on 09/19/2023
Ontario Teachers’ Pension Plan Board announced that after 23 years, CIO Ziad Hindo will be leaving. Ziad joined Ontario Teachers’ in 2000 and has been consistently working his way up the professional ladder. Ontario Teachers’ has assets of CA$ 250 billion and has offices in Hong Kong, London, Mumbai, San Francisco, Singapore and Toronto. It has average returns of 9.4% per year since its founding in 1990.
CEO Jo Taylor said: “I would like to thank Ziad for his many contributions in his 23 years at Ontario Teachers’. Through his leadership, Ziad has built an outstanding Investments team, diversified the portfolio by sector and geography, and led the development of the investment strategy that has delivered strong returns for members for over two decades. He has also played a critical role in establishing our multifaceted climate strategy and as an active advocate for action on diversity, equity and inclusion, both internally and through engagement with our portfolio companies.”
Hindo spoke up as well: “It has been a privilege to lead the Investments Division as CIO over the past five years and to be part of the Plan for over two decades. I could not have imagined when I joined Ontario Teachers’ that it would have provided the level of camaraderie, compelling opportunities, and professional growth and development that would have me here for 23 years. I am proud of the performance we have delivered in service of our Members, and I am confident the Plan is well positioned for continued success over the long term.”
Stephen McLennan, Executive Managing Director, Total Fund Management, has been appointed Acting Head of Investments. Stephen joined Ontario Teachers’ in 2003 and has worked his way up the ranks in the same manner as Hindo.