Plan Oversight & Management

Mr. Morency is a member of International Centre for Pension Management (ICPM) Board of Directors. He is a Senior Fellow of the C.D. Howe and Global Risk Institute. He is also an Adjunct Professor at HEC Montréal where he collaborates with the Retirement and Savings Institute.

He was with La Caisse de dépôt et placement du Québec (AUM of $300B+) from December 2007 to June 2017 where he was Executive Vice-President, Depositors, Strategy and Chief Operations Officer. He sat on the Executive and the Investment and Risk Committees. He oversaw relations between La Caisse and its depositors, including their strategic asset allocation, and managed the development and implementation of the Institution's three years strategic plan.

Prior to this, Mr. Morency worked at Mercer for over 30 years. He occupied a variety of leadership roles including Global Retirement Practice Leader, EVP responsible for Mercer’s Retirement, Benefits, Investment and Outsourcing businesses worldwide and President of Mercer Health & Benefits. He was a member of Mercer's global executive teams.

Mr. Morency currently serves on the Board of Directors of Desjardins General Insurance Group. He is a Fellow of the Canadian Institute of Actuaries and chairs the Institute’s Public Affairs Council. He also served as a member of the Expert committee on the future of the Québec retirement system and was closely involved with the legislative changes that followed.

Dr. Paul Healey has been practicing medicine since 2001 and is an Assistant Clinical Professor at McMaster University. In 2009, he completed the Advanced Health Leadership Program at the University of Toronto Rotman School of Management.

He has an interest in evidence-based investing approaches and has managed his own investment portfolio since early in practice. He and his wife, Dr. Jane Healey, are the founders of Physician Financial Independence (Canada), an online community dedicated to helping physicians with financial matters. The group has over 15,000 members across Canada and is a forum where financial topics are discussed free of industry bias.

Dr. Healey is a strong advocate for physicians making informed financial decisions to maximize happiness and decrease physician burnout. He and his wife are frequently invited to speak to physician groups across Canada.

Dr. Audrey Karlinsky has been practicing Family Medicine in Toronto since 1986. Vice-Chair of the OMA Finance and Audit Committee, Dr. Karlinsky is a strong advocate for member interests and physician wellness at all stages. She is committed to mentorship and preceptorship in medicine as highlighted:

• 33 years as a clinician/teacher for Family Medicine residents and undergraduates with awards for teaching

• Long term Admissions Reviewer, University of Toronto Faculty of Medicine

• Long term Admissions Reviewer, Family Medicine Residency Program at U of T

• District 11 Board Director since 2017 and District 11 Delegate to Council 2016

Ms. Leckman is a senior investment professional with over 30 years of experience in the pension fund and retail wealth industries. Most recently, Ms. Leckman completed a six-year term as Commissioner, Director and Adjudicator at the Ontario Securities Commission, whose mandate is investor protection, promoting fair and efficient capital markets and contributing to financial stability. Ms. Leckman held the role of Senior Vice President at TD Waterhouse and was responsible for the $15 billion public equity program at OMERS prior to that. She is a trustee of various other pension plans and life health trusts.

Ms. Leckman is a Chartered Financial Analyst and holds a B. Comm and an MBA from McGill University.

Mr. P. Morgan McCague retired as Senior Vice President Asset Mix and Risk for the Ontario Teachers’ Pension Plan in 2005. In this position, he was responsible for the continued improvement of the Fund’s risk management system, economic and market forecasting capabilities. Prior to assuming this responsibility, Morgan was responsible for the Quantitative Investment Department which managed the Fund’s Enhanced Index Funds, Quantitative Investment Portfolios, Income Trust Portfolio, Equity and Equity Derivative Trading.

Mr. McCague’s history prior to 1993 before joining Ontario Teachers’ Pension Plan is one of setting up and establishing new investment departments and activities. He joined the Ontario Worker’s Compensation Board in 1989 as Director Equity Investments, to establish their equity management operation. In 1981 as Director of Investments for the Alberta Teacher’s Retirement Fund, he expedited the management of the Fund’s assets to internal management. Preceding this experience Mr. McCague worked with James P. Marshall Inc., a pension fund consulting company, Manufacturers Life Insurance Company as a pension investment officer, Federal Trust Company as Manager of Investments and Company Services, and in the Investment Department of the Bank of Nova Scotia and at Wood Gundy.

In addition, he has been active in other investment-related activities and has served on a few boards. Some notable examples are the Board of the Workplace Safety and Insurance Board, GCAN Insurance Company, and on the Investment Advisor Committee of Excel Funds.