Ottawa, January 13, 2011

Archived - Minister of Finance Appoints New Director to Canada Pension Plan Investment Board

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The Honourable Jim Flaherty, Minister of Finance, today announced the appointment of Dr. Heather Munroe-Blum to the board of directors of the Canada Pension Plan Investment Board (CPPIB). Dr. Munroe-Blum will be filling the director position which was left vacant following the unfortunate passing of Ms. Germaine Gibara on April 21, 2010.

The Principal and Vice-Chancellor of McGill University, Dr. Munroe-Blum brings to the board extensive academic, financial, communications and stakeholder mediation experience. She will begin her work with the CPPIB with the completion of Ms. Gibara’s directorship, which was originally scheduled to conclude on October 26, 2011.

Directors of the CPPIB are selected by the federal government from a list of qualified candidates submitted by a joint federal-provincial nominating committee. The committee, which is currently chaired by Brian MacNeill, former Chief Executive Officer of Enbridge Inc., is comprised of 10 members: one appointed by each of the nine participating provinces and one appointed by the federal government.

Operating at arm’s length from governments, the CPPIB is responsible for prudently investing Canada Pension Plan (CPP) investment funds in a diversified portfolio of assets to serve the best interests of CPP contributors and beneficiaries.

For further information, media may contact:

Annette Robertson
Press Secretary
Office of the Minister of Finance

Jack Aubry
Media Relations
Department of Finance

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Biographical notes

Dr. Heather Munroe-Blum

Dr. Munroe-Blum is the Principal and Vice-Chancellor of McGill University. She has served as Professor and Vice-President of Research and International Relations as well as Professor and Dean in the Faculty of Social Work at the University of Toronto. She has also been Assistant Professor in the Departments of Psychiatry and Clinical Epidemiology and Biostatistics at McMaster University, as well as Assistant Professor in the Department of Social Work at York University.

Current non-executive roles for Dr. Munroe-Blum include board memberships or other advisory responsibilities with the Pierre Elliott Trudeau Foundation, the Yellow Pages Group, the Association of American Universities, the Board of Trade of Metropolitan Toronto, the Board of Trade of Metropolitan Montreal, the Conference of Montreal, the Association of Universities and Colleges of Canada, and the Conférence des recteurs et des principaux des universités du Québec. Previous non-executive roles include ones with Livent, Hydro One Inc., Four Seasons Hotels and Resorts, Nestlé Canada, Montréal International, Universities Research Association, Alcan Inc., the Medical Research Council of Canada, Sir Mortimer B. Davis Jewish General Hospital, NeuroScience Canada, The Conference Board of Canada and Visible Genetics.

Dr. Munroe-Blum holds a Ph.D. in epidemiology from the University of North Carolina at Chapel Hill, a Master of Social Work from Wilfrid Laurier University and a Bachelor of Arts in Social Work from McMaster University.