OPTrust Board announces new Chair and Vice-Chair

Posted: November 2, 2018

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TORONTO, November 2, 2018 – As part of OPTrust's governance structure one Government appointee and one OPSEU appointee fill the positions of Chair and Vice-Chair, with the roles alternating between Government and OPSEU appointees every two years.

Tim Hannah was named Chair of OPTrust’s Board of Trustees, effective November 3, 2018, replacing former Chair Vicki Ringelberg who remains on the Board. Mr. Hannah joined the Board in 2012 as an OPSEU appointee and most recently served as Vice-Chair. He is a Senior Environmental Officer with the Ministry of the Environment, Conservation and Parks and a strong union activist, having held several local positions including President of Local 341 in Peterborough. Mr. Hannah holds a Bachelor of Science degree in economics and geography from Trent University. He has also obtained the Chartered Director (C. Dir) designation from The Directors College (a joint venture between McMaster University and The Conference Board of Canada).

The Board also appointed Sharon C. Pel as Vice-Chair of OPTrust's Board of Trustees, effective November 3, 2018. Ms. Pel was appointed to the Board by the Government of Ontario in February 2017. Ms. Pel has more than 30 years’ experience as a strategic business advisor. She has extensive expertise in governance, securities regulatory and policy matters, and corporate, commercial and securities law. Previously, Ms. Pel held the role of SVP, Group Head Legal and Business Affairs at TMX Group until 2015, where she was responsible for advising the TMX board and executive management on all aspects of its governance, operations and legal and regulatory affairs. Prior to that, she was a partner at Torys LLP. Ms. Pel currently provides consulting services through her firm, Inglewood Advisory Services.

Ms. Pel also sits on the board and Nominating and Governance Committee of Canadian Feed the Children and is active in numerous other charitable endeavors. She has a BA from the University of Toronto and an LLB from the University of Ottawa. She is also an Institute Certified Director (ICD.D) from the Institute of Corporate Directors.

About OPTrust

With net assets of over $20 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with over 92,000 members and retirees. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario.

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Media Contact:
Claire Prashaw
Manager, Public Affairs
OPTrust
1-416-681-3617 
cprashaw@optrust.com

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