Edwin D. Cass was named senior vice president and chief investment strategist at the C$192.8 billion (US$174.3 billion) Canada Pension Plan Investment Board, Toronto.
Mr. Cass will assume the post April 1, said Linda Sims, CPPIB spokeswoman.
Mr. Cass will replace Donald M. Raymond, who is resigning effective March 31 to become managing partner and chief investment officer at Toronto-based private markets and hedge fund manager Alignvest Management. Mr. Raymond’s position at Alignvest is new, said Nick Anstett, Alignvest spokesman.
CPPIB’s chief investment strategist oversees the board’s overall portfolio construction and risk management. Mr. Cass will also chair the board’s investment committee.
Mr. Cass is vice president and head of global tactical asset allocation in CPPIB’s public market investments department. He will be replaced by Alistair McGiven, senior GTAA portfolio manager.