How directors are appointed
Directors are appointed by the federal Finance Minister in consultation with the participating provinces, and with the assistance of a nominating committee.
The nomination process is designed to ensure that only those with expertise in investment, business and finance are appointed to the Board.
The Chair of the nominating committee is federally appointed, and each participating provincial government appoints one representative. The nominating committee recommends candidates for appointment and re-appointment to the federal Finance Minister. In turn, the federal Finance Minister makes the appointments in consultation with the provincial Finance Ministers.
Legislation disqualifies certain individuals from being directors.
For information on how to apply, and eligibility criteria, to serve on CPP Investments’ Board of Directors please review the Board’s Appointment Opportunities.
How long directors serve
Each director is appointed for a term of three years and is eligible to be re-appointed for one or more additional terms. To ensure continuity, the terms are staggered so that no more than half of the terms expire in the same year.
Find below the terms of office for existing directors.
|Director||Date of first appointment||Date current term expires|
|Heather Munroe-Blum, Chair||December 22, 2010||October 6, 2020|
|Sylvia Chrominska||September 4, 2018||September 3, 2021|
|William ‘Mark’ Evans||May 9, 2019||May 6, 2022|
|Ashleigh Everett||February 13, 2017||February 11, 2023|
|Tahira Hassan||February 5, 2015||February 4, 2021|
|Chuck Magro||July 1, 2018||June 30, 2021|
|John Montalbano||February 13, 2017||February 11, 2023|
|Mary Phibbs||May 4, 2017||May 3, 2020|
|Karen Sheriff||October 4, 2012||March 26, 2021|
|Boon Sim||July 15, 2020||July 14, 2023|
|Kathleen Taylor||October 27, 2013||October 25, 2022|
|Jo Mark Zurel||November 1, 2012||March 26, 2021|
As stated in the CPPIB Act, Directors are appointed for a term of up to three years and may be reappointed for one or more additional terms.