February 15, 2017
Ron Mock, President and CEO, Ontario Teachers' Pension Plan is pleased to announce the promotion of Mary Cover to Managing Director, Pension Strategy & Enterprise Risk; and Marc Dupont to Managing Director, Government & Public Affairs.
Ms. Cover joined Ontario Teachers' in 2013 as Director, Actuarial Services in the Member Services division. She became Director, Pension Strategy & Enterprise Risk in the Strategy & Risk division in 2016. In her role as Managing Director, Ms. Cover works closely with the Plan Sponsors and many external groups to help ensure the pension plan's sustainability. She is also responsible for oversight of Enterprise and Operational Risk Management. Ms. Cover has an Honours Bachelor of Science, Pure Mathematics, from Queen's University and is a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries. Ms. Cover reports to Barbara Zvan, Chief Risk & Strategy Officer.
Mr. Dupont joined Ontario Teachers' in 2014 to establish a government and regulatory affairs strategy and capability. In his new role, he will further develop this strategy and liaise with governments around the world. Mr. Dupont is an Adjunct Professor of the University of Toronto's Munk School of Global Affairs. He is a lawyer and holds a Bachelors of Arts in History and East-Asian Studies from the Université de Montréal, a Bachelors of Law from the Université de Montréal; and a Masters of Arts in International Relations and International Economics from the John Hopkins University, School of Advanced International Studies. Mr. Dupont reports to Jeff Davis, Chief Legal & Corporate Affairs Officer.
Ontario Teachers' is Canada's largest single-profession pension plan, with $171.4 billion in net assets at December 31, 2015. It holds a diverse global portfolio of assets, 80% of which is managed in-house, and has earned an annualized rate of return of 10.3% since the plan's founding in 1990. Ontario Teachers' is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which is fully funded, invests and administers the pensions of the province of Ontario's 316,000 active and retired teachers.