Patrick Charbonneau has been named chief investment officer of Public Sector Pension Investment Board, Montreal, effective Feb. 3, 2025.
In his role as CIO, Charbonneau will oversee PSP Investments’ “portfolio design and beta management activities, the fund’s overall investment strategy and the treasury function,” said a Jan. 23 news release.
According to his LinkedIn page, Charbonneau formerly served as president and CEO of Canada Growth Fund Investment Management, a subsidiary of PSP Investments. Yannick Beaudoin will succeed him in this latter role, the release noted.
On Aug. 21, PSP had announced that Eduard van Gelderen, the former CIO, would leave PSP. At that time, Alexandre Roy took on the CIO responsibilities on an interim basis.
PSP had C$264.9 billion ($195.6 billion) of net assets under management as of March 31.