In a major changing of the guard in the Canadian pension management world, Michael Sabia has announced he will leave the Caisse de dépôt et placement du Québec next February.
He has been at the helm of Canada’s second-largest pension for 11 years, after serving as an executive in the telecommunications and transportation industries.
Following his departure from the Caisse, Sabia will lead the Munk School of Global Affairs and Public Policy at the University of Toronto, a post he was offered following a global search process.
“This appointment will allow me to continue working on issues that I think are particularly important in the current state of world affairs,” Sabia said, noting he will spend time in both Montreal and Toronto.
Financial Post
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