Ontario Teachers CIO Ziad Hindo to depart

Ontario Teachers’ Pension Plan Board has announced after a long and successful 23 years at the organization, including the past five years as CIO, Ziad Hindo will be leaving the organization as of Dec. 31, 2023.

Hindo joined Ontario Teachers in 2000 and has held many senior roles spanning multiple asset classes and ultimately overall leadership of the investments division as CIO since June 2018.

Stephen McLennan, currently executive managing director, total fund management, has been appointed acting head of investments, effective immediately. In this role, McLennan will provide leadership across Ontario Teachers’ investments activities.

McLennan joined Ontario Teachers in 2003 and has since held positions of increasing responsibility in both capital market and private asset related groups. Most recently he has led the total fund management department, which integrates Ontario Teachers’ portfolio construction approach with its treasury and funding capabilit