Toronto, Ontario (January 11, 2017) – Canada Pension Plan Investment
Board today announced that Chief Financial Officer, Benita Warmbold, has
announced her intention to retire in June 2017. CPPIB plans to name a successor
ahead of Ms. Warmbold’s retirement date, which is well after CPPIB’s fiscal
year reporting activities, to allow for a seamless transition over the coming
“We are all
grateful for Benita’s many important contributions to CPPIB’s growth, strategic
direction and success during her nine years with CPPIB,” said Mark Machin,
President & CEO, CPPIB. “I look forward to working closely with Benita over
the next several months as we work on a smooth, effective handover to a
Warmbold’s plans for the future include continuing with active involvement on
boards in the corporate, healthcare and educational sectors.
Warmbold joined CPPIB in 2008, originally as Chief Operations Officer and then became
Chief Financial Officer. She has played a vital role in the development and
implementation of CPPIB’s long-term vision, and established key priorities allowing
us to plan and implement effective and scalable activities to support CPPIB’s
growth. Ms. Warmbold has also been
deeply committed to developing, mentoring, and coaching people. Through her
mentorship activities within CPPIB, in the financial industry and in the
community, she has helped CPPIB become an attractive employer for both men and
About Canada Pension Plan Investment Board
Pension Plan Investment Board (CPPIB) is a professional investment management
organization that invests the funds not needed by the Canada Pension Plan (CPP)
to pay current benefits on behalf of 19 million contributors and beneficiaries.
In order to build a diversified portfolio of CPP assets, CPPIB invests in
public equities, private equities, real estate, infrastructure and fixed income
instruments. Headquartered in Toronto, with offices in Hong Kong, London,
Luxembourg, Mumbai, New York City and São Paulo, CPPIB is governed and managed
independently of the Canada Pension Plan and at arm’s length from governments.
At September 30, 2016, the CPP Fund totalled C$300.5 billion. For more information about
CPPIB, please visit www.cppib.com or
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