The Board delegates the day-to-day management of Ontario Teachers' to our highly skilled executive team.
- President & CEO
Ron Mock joined Ontario Teachers' in 2001, serving as President and CEO since January 1, 2014. He is a recognized leader in both long-term fund investing and pension administration and advocacy.
Earlier in his tenure, as Senior Vice-President, Fixed Income and Alternative Investments, Mr. Mock oversaw $60 billion of Ontario Teachers' assets, including the policy mix in fixed income, credit investing, hedge fund activities, and fixed income investments in emerging markets. He also contributed as a board member of the pension plan's commercial real estate subsidiary, The Cadillac Fairview Corporation Limited. During that time he was also a member of Cadillac's Audit Committee and chaired the Human Resources Committee.
Previously with investment dealer Burns Fry (now BMO Nesbitt Burns), Mr. Mock directed sales and trading staff in derivative products and held the firm's membership seat on the Chicago Board of Trade, in addition to other exchanges. He was also a board member of the Montreal Exchange in the early 1990s.
Thereafter Mr. Mock founded Phoenix Research and Trading, and, as CEO, was responsible for all aspects of the asset management firm, including investment and trading strategies, client relationships, risk management and regulatory compliance.
Beginning his career as an electrical engineer, Mr. Mock held a variety of positions with Ontario Hydro in the areas of field work, design, construction, and research before ultimately becoming responsible for nuclear safety and licensing at the Pickering and Bruce nuclear generating stations.
Mr. Mock graduated from the University of Toronto with a B.A.Sc. in Electrical Engineering and later earned an MBA from York University. He is currently a member of the Corporate Advisory Board of The Learning Partnership and the Dean's Advisory Council at the Schulich School of Business at York University.
Bjarne Graven Larsen
- Executive Vice-President and Chief Investment Officer
Bjarne Graven Larsen leads the global investment program for Ontario Teachers'. He is responsible for all aspects of its investment activities, including the real estate portfolio managed by wholly-owned subsidiary, Cadillac Fairview, and Ontario Teachers' international offices in London and Hong Kong.
Mr. Graven Larsen has more than 25 years of experience in the financial industry. He is the former Chief Investment Officer and executive board member of Denmark's ATP, that country's largest, and Europe's fourth largest, pension plan. He was most recently Chief Financial Officer at Novo A/S in Copenhagen. Mr. Graven Larsen was also the CEO of FIH Erhvervsbank A/S (FIH). He also held positions at Realkredit Denmark, the country's largest Mortgage Bank, now part of Danske Bank; and in Denmark's Central Bank and Ministry of Finance. He holds a Masters in Economics from the University of Aarhus.
Mr. Graven Larsen joined Ontario Teachers' in 2016.
- Chief Pension Officer
Tracy Abel and her team are responsible for overseeing the personalized service to Ontario Teachers' 316,000 working and retired members as well as for the Member Services division's Actuarial, Tax and Accounts Receivable Services; Employer Information Services and Strategic Initiatives.
Ms. Abel joined Ontario Teachers' in 1987 and was promoted to Vice-President, Client Services in 2012. As the leader of Client Services, she was responsible for all aspects of service delivery to members of the plan. Ms. Abel has been a key contributor in Ontario Teachers' Member Services ranking first among its peer group, and number one internationally, for exceptional pension service for three consecutive years, according to CEM Benchmarking. She was also instrumental in developing solutions that better serve the needs of our members at all stages of their career or retirement through a realignment of the Client Service department.
Ms. Abel holds an MBA from the Rotman School of Management, University of Toronto and a BA (Hons.) in Sociology from York University.
- Chief Legal & Corporate Affairs Officer
Jeff Davis oversees the legal team, as well as compliance, corporate communications, government and public affairs, and plan policy.
Mr. Davis joined Ontario Teachers' in 2004 and was promoted to Vice-President and Associate General Counsel in 2010. A leading securities law expert, Mr. Davis led the legal team in countless transactions around the world and was instrumental in establishing Teachers' Hong Kong office in 2013.
Mr. Davis has nearly 20 years of legal experience, specializing in mergers and acquisitions and corporate finance. Before joining Ontario Teachers', he worked as Senior Vice-President, Corporate and Legal Affairs, at InsLogic Corp., and as a Corporate Associate at Torys LLP.
In 2009, Mr. Davis was recognized as one of Lexpert's Rising Stars – Leading Lawyers Under 40, and was a finalist in the Dealmaking category of the Canadian General Counsel Awards.
Mr. Davis earned an LLB from Osgoode Hall Law School and a BA from the University of Western Ontario.
- Chief Operating Officer
Rosemarie McClean is responsible for Ontario Teachers' key operational activities: Information Technology, Enterprise Project Management and Financial Operations. She is responsible for ensuring these functions are effectively integrated and deployed across the organization.
Ms. McClean was appointed to the COO role in November 2014. Prior to that, she held the position of Senior Vice-President, Member Services. Under her leadership, the client services group was organized into self-directed work teams that dramatically improved the speed, range and quality of client services offered to the plan's 316,000 active and retired members. She introduced award-winning services, including web-based retirement planning tools that provide members with immediate access to personal pension information.
Ms. McClean serves on the boards of Illinois-headquartered Heartland Dental Care, and the Alberta Pensions Services Corporation. In 2008, she was recognized by Women's Executive Network as one of Canada's 100 Most Powerful Women.
Ms. McClean holds a BA in Economics from the University of Waterloo and an MBA from the Rotman School of Management at the University of Toronto. She holds the CPA, CMA designations and is a graduate of the Institute of Corporate Directors.
- Chief Financial Officer
David McGraw and the Finance team are responsible for valuing and reporting on pension fund assets, providing tax oversight and operational due diligence. Finance responsibilities also include financial and management reporting; risk analytics and model valuation, enterprise/operational risk management support and the CEO/CFO internal controls certification program.
Mr. McGraw has more than 20 years of senior management experience in financial management, corporate finance, banking, and mergers and acquisitions.
Before joining Ontario Teachers' in 2004, Mr. McGraw was Chief Financial Officer of Bell ExpressVU. Prior to that, he was Vice-President, Mergers & Acquisitions/Corporate Finance, at BCE/Bell Canada and Partner-in-Charge of the Corporate Finance Group of a major international accounting firm. He currently sits on the board of BluEarth Renewables Inc.
Mr. McGraw is a Fellow of the Institute of Chartered Accountants of Ontario. He earned a Bachelor of Commerce from McGill University and an MBA from the University of Western Ontario. He is also a member of the Institute of Corporate Directors.
- Chief Risk & Strategy Officer
Barbara Zvan and her team provide liability and risk expertise focused on long-term Total Fund investment strategy, risk management and the governance framework. Ms. Zvan and her team are also charged with ensuring the Plan is sustainable, and that the funding risk is aligned to the Board's Risk Appetite Statement.
Ms. Zvan joined Ontario Teachers' in 1995 as an assistant portfolio manager and has risen to positions of increasing authority. As Chief Investment Risk Officer, she leads the Strategy & Risk team in supporting the Plan Sponsors in plan design decisions and the Board in determining the appropriate benchmarks and risk appetite. Ms. Zvan and her team provide input and risk insights to the Investing teams and create an effective risk management framework to underpin it. In addition, Ms. Zvan drives the responsible investing and climate change risk management and strategy for the Fund and directs the Enterprise and Operational Risk Management approach for the organization.
Ms. Zvan is a Fellow of the Society of Actuaries and the Canadian Institute of Actuaries, and holds an M.Math from the University of Waterloo. She is the Chair of the International Centre of Pension Management (ICPM) and serves on the boards of Cadillac Fairview, Global Risk Institute and the Canadian Coalition for Good Governance.
She was honoured as one of Canada's 2008 Top 40 Under 40.