Bruce Hogg, a managing director at the Canada Pension Plan Investment Board, Toronto, was named head of the C$475.7 billion ($378.2 billion) pension fund's new sustainable energy group.
The position is new. The recently created group combines the board's energy and resources and power and renewables groups into a single team overseeing about C$18 billion in assets, said CPPIB spokesman Steve McCool.
Mr. Hogg was previously head of power and renewables. He reports to Deborah Orida, senior managing director, head of real assets.
Avik Dey, a managing director who was head of energy and resources, will remain with CPP Investment Board for the next six months after which he plans to leave the board to "return to his entrepreneurial roots," a news release said.
