News

Ontario pension scheme hires Asia-Pacific head

HandshakeOntario Teachers’ Pension Plan has hired Datuk Ben Chan as its regional managing director for the Asia Pacific. Chan joins from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia, where he was co-head of investments and led the fund’s investment activities in China. “Ben's in-depth knowledge of the region will serve us well as we look to grow our investments in Asia-Pacific,” said Jo Taylor, senior managing director international at the pension scheme. Based in Hong Kong, Chan will oversee the regional investment activities of the Ontario Teachers’ fund, which had 180.5 billion Canadian dollars ($138 billion) under management at June 30, 2017. Ontario Teachers’ Pension Plan, Canada’s largest single-profession pension scheme, is a defined-benefit plan that administers the pensions of 318,000 active and retired teachers. ©2018 funds europe

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