Canada Pension Names Machin to CEO Job as Wiseman Departs
- Wiseman leaves after 11 years for senior role at BlackRock
- Machin currently oversees international investments at fund
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Canada Pension Plan Investment Board appointed Mark Machin to replace Chief Executive Officer Mark Wiseman, who is joining BlackRock Inc. as senior managing partner.
The appointment of Machin, 49, a former Goldman Sachs Group Inc. banker who heads Canada Pension’s international investments, was confirmed in a statement Thursday. Machin, who was born in the U.K., will become the first foreign-born CEO of the country’s largest pension fund. He will assume the role on June 13.