British Columbia's College, Public Service and Teachers' pension plans, all of Victoria, are seeking an executive director for all three plans, which have a combined C$54.8 billion ($41.7 billion) in assets.
The selected candidate will advise the three boards on risk management, strategic policy and planning, relationship management and governance goals, according to the job posting.
The executive director is employed by all three plans, each of which has a board of trustees, said Bruce Kennedy, current executive director of the three plans. Mr. Kennedy said he is retiring.
The executive director position is overseen by an interplan executive committee composed of each board's chairman and vice chairman.
The assets of the three plans are managed by the C$121.9 billion British Columbia Investment Management Corp., Victoria, but the plans' boards establish each plan's asset allocation and investment policy, and can invest their assets where they see fit, Mr. Kennedy said.
The job posting is on the website of the Association of Canadian Pension Management. Applications are due Nov. 4. A selection is expected in December, Mr. Kennedy said.