April 23, 2021
Steve McGirr, the Chair of the Ontario Teachers’ Pension Plan, is pleased to announce the appointment of Monika Federau to the Board, effective immediately.
Ms. Federau is an experienced senior executive with an extensive career in the financial services industry. She was most recently Chief Strategy Officer for Intact Financial Corporation, where she spent a decade contributing to the company's growth and outperformance as Canada's leading P&C insurance company. Prior to Intact, Ms. Federau was based in Hong Kong and worked for Manulife Financial where she was responsible for developing and executing strategies to enhance the company’s brand throughout Asia.
She holds a bachelor’s degree from York University and an MBA from the Smith School of Business at Queen’s University. She serves on the Board of UNICEF Canada, the Advisory Board of the Smith School of Business at Queen’s University and the Advisory Board of the Intact Centre for Climate Adaptation.
In 2019 she was a recipient of the Top 100 Canada's Most Powerful Women award by Women's Executive Network (WXN), in recognition for her efforts to advance women in leadership.
The Ontario Teachers’ Pension Plan is jointly sponsored by Ontario Teachers’ Federation and the Government of Ontario. Each sponsor appoints five directors and they jointly appoint an eleventh person to serve as Chair.
About Ontario Teachers’
The Ontario Teachers' Pension Plan Board (Ontario Teachers') is the administrator of Canada's largest single-profession pension plan, with $221.2 billion in net assets (all figures at December 31, 2020). It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.6% since the plan's founding in 1990. Ontario Teachers' is an independent organization headquartered in Toronto. Its Asia-Pacific region offices are located in Hong Kong and Singapore, 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 331,000 active and retired teachers. For more information, visit otpp.com and follow us on Twitter @OtppInfo.
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