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Maritimes  + Alberta & Prairies  + Canada  + Cross Border News  + Ontario  + Finance  | 
Vestcor has appointed Sean Hewitt as its new president and CEO.

Vestcor Names Hewitt New CEO

Vestcor has appointed Sean Hewitt as its new president and CEO.

Hewitt will succeed Vestcor’s retiring top executive John Sinclair in mid-April. Sinclair has led the institutional investment firm for the past 20 years.

Fredericton, N.B.-based Vestcor is an integrated investment management, pension and benefits administration organization that provides services to about 20 different Atlantic Canadian public sector clients. The company is jointly owned by the New Brunswick public service and teachers pension plans, and has about about $20 billion in global investment assets under management.

Hewitt will assume Vestcor’s helm after leaving his post as the inaugural president of the Toronto Transit Commission Pension Plan. Since launching with Hewitt’s help in 2016, the TTC Pension Plan has accumulated about $8 billion in assets under management while representing.

Hewitt has about two decades of experience within the pension and investment sectors. Before heading the TTC Pension Plan, he served for about five years as director of the Canadian Pacific Railway’s pension assets in Calgary. The firm is now known as Canadian Pacific Kansas City, following a merger with Kansas City Southern Railway in 2023.

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About Monte Stewart

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.

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