Chief Executive Officer
Newfoundland and Labrador’s Teachers’ Pension Plan (TPP) is one of the largest public sector pension plans in the Province with assets of more than $3 billion. Administered by the newly established Teachers’ Pension Plan Corporation (TPPC), the TPP’s defined benefit pension plan provides pension coverage for approximately 5,900 active teachers and retirement benefits to 8,800 pensioners. Established August 31, 2016, the new TPPC Board is focused on building a new Corporation to meet the needs of the beneficiaries of the plan.
The TPPC Board is now in search of their inaugural Chief Executive Officer. The founding Chief Executive Officer will play a transformational role in building this new agile and nimble Corporation that will positively impact the lives of teachers in the Province for many generations to come.
Ensuring a strong foundation is established, in the short term, the Chief Executive Officer will develop a Transition Plan outlining the steps required for an effective transition from the Department of Finance, by March 31, 2018, and guide the development of the new TPPC. Essential elements of the plan will include designing a thoughtful organizational structure, determining the appropriate human resources, building strong relationships and a communication strategy with stakeholders, determining the options for administrative operation, setting policies and procedures and reviewing investments. Longer term, the Chief Executive Officer will work closely with the Board to develop a Strategic Plan and oversee operations of the TPPC including administration, investment strategy and financial reporting. The Chief Executive Officer will also be responsible for building the investment infrastructure including the hiring of a Chief Information Officer. Working successfully within the Corporations’ governance structure, the Chief Executive Officer will be a key advisor to the Board. Furthermore, the founding Chief Executive Officer will be the face of the TPPC and will build strong relationships with key stakeholders while being visible in the community and respected by pension plan members.
As the ideal candidate, you are a dynamic “hands on” senior leader with demonstrated experience in investment management, or have executive and risk management experience in a complex environment. Experience in a start-up Corporation of similar scale and complexity would be considered a distinct asset. With high energy and ability to roll up your sleeves to achieve desired outcomes, you have a track record of accomplishment in working with key stakeholders and Boards of Directors to implement an effective organizational strategy. You are able to look ahead and see the opportunities for this Corporation and promote a shared vision among a team using your superb communication and leadership skills. You are a strong, ethical leader with balanced strategic and tactical decision making skills and project/priority management skills, proficient in meeting tight deadlines and producing tangible results. A natural relationship builder, an engaging people leader and effective communicator, you have the astute ability to work closely and effectively with all stakeholders and inspire confidence. You have a University education with a focus on commerce, finance, actuarial science, or another relevant area. A working knowledge of investment management and/or a strong understanding of Board governance and relationship issues would be considered beneficial.
If you’re interested in playing a key transformational role as the founding Chief Executive Officer of the Teachers’ Pension Plan Corporation, contact Beverley Evans or Catherine Graham at 1.866.822.6022 or please apply online by clicking “Apply Now” on the button below.
Knightsbridge Robertson Surrette is Atlantic Canada’s leading human capital consulting firm with over 40 years of experience in recruitment, career transition and human resource consulting.