Kristen Walters has been appointed senior managing director and chief risk officer at Canada Pension Plan Investment Board, Toronto, effective Jan. 9.
It is a new position, a spokesman for CPP Investments confirmed in an email.
On Aug. 11, CPP Investments had announced that the role of senior managing director and chief financial and risk officer would be divided into two distinct positions, a chief risk officer and a chief financial officer. After serving five years as senior managing director and chief financial and risk officer, Neil Beaumont left the firm at the end of July.
On Oct. 12, CPP Investments said in a news release that it had named Kristina Fanjoy as senior managing director and chief financial officer.
CPP Investments manages the assets of the C$529 billion ($390.4 billion) Canada Pension Plan.
Ms. Walters will be responsible for the "fund's global risk management functions, including leading the long-term strategy for effectively incorporating risk perspectives into all investment and operational processes," according to a news release Thursday.
Ms. Walters was chief risk officer at Natixis Investment Managers where she was responsible for investment and enterprise risk management across about $1.4 trillion in assets under management, the news release said. Jean-Marc Sabatier succeeded Ms. Walters as chief risk officer last May, when Ms. Walters left the firm, a Natixis spokesman said in an email.