TORONTO, Feb. 9, 2012 /CNW/ - On behalf of the Executive and the Board of Governors, Ontario Teachers' Federation President Francine LeBlanc-Lebel is pleased to announce the appointment of Patricia (Patsy) Anderson to the Board of Directors of the Ontario Teachers' Pension Plan.
With a background in the financial sector, Patsy Anderson is a graduate of Queen's University and Harvard Business School. Early in her career, she worked in corporate finance with McLeod Young Weir and corporate banking with The Royal Bank of Canada. She has served on the Investment Committees of a number of organizations.
"The teachers of Ontario are pleased to appoint Patsy Anderson to the Board of the Ontario Teachers' Pension Plan", LeBlanc-Lebel said. "With her background in finance, banking and investments, Patsy will ably represent us on the board of the Pension Plan, one of the largest financial organizations in Canada."
Anderson recently completed a five-year term as Chair of the SickKids Foundation (included in a ten-year term on the Board) and also as a Trustee of The Hospital for Sick Children. She serves as Chair of The Aldeburgh Connection, a highly regarded classical music company, and has previously served as Chair of the Board of Governors of Roy Thomson Hall and Massey Hall.
The appointment is effective immediately. Patsy Anderson fills a vacancy created by a resignation and will complete the term until December 31, 2012. She was chosen following an extensive search by the OTF Executive and Board.
The Ontario Teachers' Pension Plan is jointly sponsored by the Ontario Teachers' Federation and the Government of Ontario. Each partner appoints four members to the board, and the partners jointly appoint a ninth person to serve as Chair. Directors serve for two-year terms, renewable to a maximum of eight years.
The Ontario Teachers' Federation is the advocate for the teaching profession in Ontario and for its 160,000 teachers. OTF members are full-time, part-time and occasional teachers in all the publicly funded schools in the province—elementary, secondary, public, Catholic and francophone.
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