The C$18.2bn (US$12bn) defined benefit Hospitals of Ontario Pension Plan (HOOPP) has appointed Douglas Carr as its new senior vice-president and chief financial officer.
Carr's appointment is effective immediately. He has been the pension fund's acting CFO since joining in February of this year. Prior to his arrival at HOOPP, Carr worked as an independent consultant after spending 25 years as a partner at KPMG.
John Crocker, president and CEO of HOOPP, said of Carr's appointment: We are delighted to have someone of Doug Carr's calibre join our executive team. His wide experience in areas ranging from business planning to treasury risk management brings a strategic depth to his role as CFO.
HOOPP was established in 1960 to meet the retirement needs of Ontario's health care workers. HOOPP serves 45,000 pensioners, as well as more than 116,000 members who work at the 320 health care organisations across the province.
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