OPTrust, one of Canada's largest defined benefit pension plans, today announced 
the appointment of Peter Lindley as the President and CEO of the organization, 
effective September 16, 2019. Mr. Lindley is a financial services industry 
veteran, with over 30 years of experience in strategy, investments and leading 
high performance teams.

"Peter Lindley brings deep experience in investing to this role and the Board 
is pleased to have someone of his expertise and calibre join OPTrust," said 
Michael Grimaldi, Chair, OPTrust Board of Trustees. "As a pension management 
organization, we exist to serve our members, and we are confident our members 
will continue to be in excellent hands under Peter's leadership."

Most recently Mr. Lindley was President and Head of Investments for State 
Street Global Advisors Ltd. (SSGA Canada), where he was responsible for assets 
under management of $50bn and SSGA's overall Canadian business strategy. He was 
with SSGA for the last 14 years. Prior to leading SSGA, Mr. Lindley held senior 
roles at Deutsche Bank and CIBC World Markets in Toronto. He is a strong 
advocate for defined benefit pensions and for responsible investing, which fits 
with OPTrust's core mission and values.

"I'm delighted to join an organization that creates retirement security for so 
many people and I look forward to building on OPTrust's legacy of delivering 
excellent results for the Plan's members," said incoming OPTrust President and 
CEO Peter Lindley.

"Defined benefit pensions like OPTrust offer tremendous value for Ontarians in 
every corner of the province," said Sharon Pel, Vice-Chair, OPTrust Board of 
Trustees. "I want to thank Interim President and CEO Doug Michael and our whole 
team for their diligent service. OPTrust is fully funded and in a strong 
position as our new CEO begins the work of continuing to deliver on our promise 
to our members."

Further details on OPTrust's recent initiatives and commitment to member 
experience can be found in the 2018 Funded Status Report, Building for the 
Future ( https://www.optrust.com/fundedstatusreport/2018/index.html ).

ABOUT OPTRUST

With net assets of almost $20 billion, OPTrust invests and manages one of 
Canada's largest pension funds and administers the OPSEU Pension Plan, a 
defined benefit plan with almost 95,000 members and retirees. OPTrust was 
established to give plan members and the Government of Ontario an equal voice 
in the administration of the Plan and the investment of its assets through 
joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five 
of whom are appointed by OPSEU and five by the Government of Ontario.

For further information: MEDIA CONTACT: Joe Vecsi, OPTrust, Communications 
Advisor, 1- 416-681-6234, jvecsi@optrust.com

SOURCE: OPTrust