Investment Management Corp of Ontario (IMCO) has appointed Kathy Jenkins as chief financial officer.
Jenkins joins IMCO from Canada Pension Plan Investment Board (CPPIB), where she served as managing director of corporate finance. She previously held comparable senior roles at Scotiabank, Fairmont Raffles Hotels International and CIBC.
Jenkins succeeds Michel Paradis, who is retiring.
Launched in 2017, Toronto-based IMCO manages $63 billion in assets on behalf of Ontario Pension Board and Workplace Safety and Insurance Board.
PRESS RELEASE
IMCO Announces New Chief Financial Officer
TORONTO, May 1, 2019 /CNW/ – The Investment Management Corporation of Ontario (IMCO) announced today that Kathy Jenkins has been appointed Chief Financial Officer, effective May 1, 2019. She reports to President and Chief Executive Officer, Bert Clark and succeeds Michel Paradis who previously announced his forthcoming retirement.
“IMCO is thrilled to have a proven leader like Kathy join our team,” said Bert Clark, President and CEO. “She brings strong experience in working with the finance and investor community, including a demonstrated capacity in managing complex financial structures while partnering with business teams to drive efficiency and generate results for our clients.”
Ms. Jenkins was formerly Managing Director of Corporate Finance at Canada Pension Plan Investment Board (CPPIB). Previously, she was Senior Vice President and Chief Financial Officer of Global Wealth Management and Insurance at Scotiabank; Senior Vice President of Finance at Fairmont Raffles Hotels International, and Vice President of Retail, Wealth and Infrastructure Finance at CIBC.
Ms. Jenkins holds a Bachelor of Commerce from the University of Toronto, where she is also a member of the Audit Committee. She holds Chartered Professional Accountant CPA, CA, and Certified Public Accountant, CPA (Illinois) designations, as well as an ICD.D. designation from the Institute of Corporate Directors.
About the Investment Management Corporation of Ontario
IMCO manages $63.3 billion of assets on behalf of its clients. The organization’s mandate is to provide broader public-sector institutions with investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. IMCO is an independent organization, operating at arm’s length from government and guided by a highly experienced and professional Board of Directors. For more information, visit www.imcoinvest.com and follow us on Twitter @IMCOinvest.
For further information: Neil Murphy, Vice President, Corporate Communication, (416) 607-7811, neil.murphy@imcoinvest.com