(March 22 – 17:15 ET) – Three new directors have been appointed to the Canada Pension Plan Investment Board. The appointments are effective immediately.

The new appointees are Gilbert Gill, Monique Leroux and Helen Sinclair. Current members, Mary Arnold, Jacob Levi and Helen Meyer have been reappointed to the board.

Gill is a former Deputy Minister of Finance for Newfoundland. He is currently a member of the Institute of Chartered Accountants of Newfoundland, and serves on the boards of the Newfoundland Symphony Orchestra, the Brother T.I. Murphy Learning Resource Centre Inc. and the Enterprise Newfoundland and Labrador Corp.

Leroux is COO of Quebecor Inc., and has also worked for Royal Bank and Ernst & Young. She is a member of the board and the executive committee of the Board of Trade of Metropolitan Montreal. She serves on several non-profit boards; and is currently president of the Montreal Heart Institute Research Fund.

Sinclair is CEO of BankWorks Trading Inc. and former president of the Canadian Bankers Association. She is a member of the Ontario Securities Act Advisory Committee and is active in the annual fundraising efforts of the United Way of Greater Toronto.

“I am confident that the new members will make excellent contributions to the CPP Investment Board’s highly respected and well-balanced board of directors,” said Finance Minister Paul Martin said. “I would like to thank the provincial governments and the nominating committee for their invaluable co-operation in the selection process.”

The directors were selected by the federal government, in consultation with the provincial governments, from a list of candidates provided by a joint federal-provincial nominating committee.