McLennan Appointed Ontario Teachers’ Acting Investment Chief
The Ontario Teachers’ Pension Plan Board has named Stephen McLennan as the funder operator’s acting chief investment officer.
OTTP is one of Canada’s largest institutional commercial real estate investors. McLennan assumes the duties of Ziad Hindo, who is preparing to leave OTTP at the end of the year following 23 years with the organization. Over the coming weeks, McLennan will work closely with Hindo to manage a smooth investment leadership transition, OTPP said in a news release.
Following the transition, Hindo will act primarily as an advisor to CEO Jo Taylor. Hindo will also continue to sit on the board of Cadillac Fairview, the fund’s commercial real estate investment company.
McLennan, has been serving as executive managing director of total fund management. He joined OTTP in 2003 and has risen through the ranks since then.
Both McLennan and Hindo will continue to sit on the board of Cadillac Fairview, the fund’s commercial real estate investment and development company.
Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate.
Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s.
In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star.
Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.