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OMERS appoints Blake Hutcheson as its president and CEO

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Canadian pension giant OMERS has appointed Blake Hutcheson as its new president and CEO, replacing Michael Latimer as CEO.

The appointment of Hutcheson supports OMERS “long-term plans for global expansion,” the firm stated. It also signals the end of its leadership transition.

In his new position, Hutcheson will be responsible for the overall leadership and performance of OMERS.

Prior to this role, he served as the president and chief pension officer for OMERS.

Hutcheson has also served as the president and CEO of Oxford Properties Group, and headed global real estate at Mount Kellet Capital Management.

Hutcheson said, “It is a privilege to lead this purpose-driven organization. I am blessed to be surrounded by an outstanding, world-class team of deeply committed senior executives who put the best interests of our members above all else.

“Together, we will position OMERS to meet current and emerging challenges, find new opportunities to grow and deliver on our promise to our members.”

Last year, former Uber executive Jambu Palaniappan joined OMERS Ventures as managing partner in London, to support its growth in Europe.

Earlier in the year, OMERS Ventures, the firm’s investment division, reportedly launched its debut transatlantic fund.

Copyright © 2020 AltAssets

Source: https://www.altassets.net/private-equity-news/omers-appoints-blake-hutcheson-as-its-president-and-ceo.html

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