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Bruce hogg, Managing Director of the Canada Pension Plan Investment Board in Toronto, has been appointed to lead the new sustainable energy group of the C $ 475.7 billion (C $ 378.2 billion) pension fund billions of dollars).
The position is new. The newly formed group combines the energy and resources and power and renewable energy groups on the board of directors into a single team overseeing approximately C $ 18 billion in assets, a press release said on Tuesday.
Mr. Hogg was previously responsible for energy and renewable energies. Avik dey, a managing director who was responsible for energy and resources, will remain with the CPP Investment Board for the next six months, after which he plans to leave the board to “return to his entrepreneurial roots,” the communicated.
Agency spokesperson Steve McCool could not be reached immediately for further information.
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