Canada’s Public Sector Pension (PSP) Investment Board has announced a new CIO of PSP Investments and a new president and CEO of Canada Growth Fund Investment Management (CGFIM), according to a press release on Jan. 23. These changes will take place on Feb. 3.
Patrick Charbonneau is appointed to the role of CIO at PSP Investments. He has been with the organization for 18 years, with more than 20 years in the infrastructure sector. As CIO, he will oversee PSP’s portfolio design, the fund’s investment strategy and the treasury function.
Yannick Beaudoin is set to become the upcoming president and CEO of CGFIM. Beaudoin has been with PSP Investments since 2012, where he was head of the Asia Pacific and Europe Natural Resources team. As president and CEO, Beaudoin will oversee CGFIM’s investment strategy and execution.
PSP Investments is a Canadian pension investor with C$264.9 billion ($184 billion) in total assets under management, as of March 31, 2024. It