The province and board of the Ontario Retirement Pension Plan Administration Corp ( ORPP AC ) have appointed Saad Rafi the first Chief Executive Officer.
Rafi was recently CEO of the TO2015 Pan Am / Parapan Am Games Organizing Committee, responsible for the delivery of one of the biggest, most successful sporting events in Canadian history.
He has 25 years of experience as leader in the public and private sectors, including serving as deputy minister in several provincial portfolios.
In a statement, Raffi says ”I look forward to working with the Board to implement the Ontario Retirement Pension Plan in a transparent and effective manner.”
He’ll be paid $525,000 and be eligible for an annual performance bonus of up to 25%.