A veteran in the hedge fund industry has been appointed to run one of Canada’s largest pension funds.
Ontario Teachers’ Pension announced Tuesday that Ron Mock, who is currently the senior vice-president of fixed income and alternative investments at the pension fund, will take over the roles of CEO and president from Jim Leech. Mock’s new role is effective January 1, 2014.
Leech is retiring after more than 12 years with the pension fund, the last 6 of which as its CEO. Mr. Mock's successor as senior vice-president has not yet been named.
Less than a year after joining the pension fund as director of alternative investments in 2001, Mock was promoted to vice-president and then senior vice-president in 2008.
With $129.5 billion in net assets as of December 31, 2012, Ontario Teachers' Pension Plan is the largest single-profession pension plan in Canada.