The Ottawa-based Public Sector Pension Investment Board (PSP Investments) announced on Monday that it has appointed Eduard van Gelderen as senior vice president and chief investment officer (CIO) effective immediately.
In the role, van Gelderen will lead PSP’s total fund strategy group, overseeing multi-asset class investment strategies and total fund allocations and exposures in terms of asset classes, geographies and sectors. The responsible investment, government relations and public policy functions will also report to van Gelderen, who in turn will report to Neil Cunningham, president and CEO of PSP Investments.
PSP Investments managed $153 billion of net assets as of March 31 on behalf of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force’s pension funds.
“Eduard has the precise combination of strong global expertise and leadership skills we were seeking for the Chief Investment Officer position,” says Cunningham, in a statement. “He is an accomplished, multi-asset class investment leader with highly relevant C-level investment expertise in large-scale, pension investment managers.”
Prior to joining PSP Investments, van Gelderen was senior managing director at the office of the CIO of the University of California. As a member of the executive team, his primary responsibilities included overseeing the University’s retirement plan, heading up equity and real assets activities, and handling strategic partnerships in Europe. He also served as CEO of Netherlands-based financial services provider APG Asset Management NV and deputy CIO of the former ING Investment Management Inc. (now NN Investment Partners).