Mario D. Morroni was named executive vice president, strategy and capital allocation, at real estate investment manager Ivanhoe Cambridge, and Rita-Rose Gagne was named executive vice president, growth markets.
Mr. Morroni's appointment is effective Jan. 13; Ms. Gagne has already assumed her new post.
Mr. Morroni's position is new, said Sebastien Theberge, Ivanhoe Cambridge spokesman. Ms. Gagne replaced Claude Sirois, who became executive vice president, Quebec, and co-chief operating officer at the real estate manager earlier this year.
They will report to Daniel Fournier, chairman and CEO of Ivanhoe Cambridge, a subsidiary of the C$189.5 billion (US$180.1 billion) Caisse de Depot et Placement du Quebec, Montreal. Ivanhoe Cambridge manages C$35 billion in assets.
Mr. Morroni is president and CEO of the C$3.5 billion Montreal Police Pension Fund Association. Information on his replacement could not be learned by press time.
Ms. Gagne was senior vice president, strategy, at Ivanhoe Cambridge. Her fund management responsibilities will be assumed by Sylvain Fortier, executive vice president, residential and hotels, while her other duties will now be handled by Mr. Morroni, Mr. Theberge said.
