Vestcor Client Forum 2023


We look forward to once again being able to host an in-person Client Forum. Managing risk is an ever-present concern, and this year’s Forum will focus on how Vestcor continues to manage the risks impacting pension administration and investment management.

We hope you can join us on June 19 and 20 for this informative series of presentations. Agenda and details are available below.


Please RSVP by Friday, June 9, 2023.

Vestcor Inc. 2023 Client Forum
I plan to attend: *
Agenda: Monday, June 19

Vestcor Inc. Office
140 Carleton Street, Suite 400

4:00 – 6:00 pm          Welcome Reception

  • Join us for a casual networking event. Hors d’oeuvres and beverages will be served. Tours of the Vestcor Inc. facility provided (optional).




4th Floor, 140 Carleton Street, Fredericton, NB


Street Parking: Spaces are available along King and Carleton Streets, with parking meters active until 5 pm.

Brunswick Street Parking Garage: The garage is adjacent to our building, with the entrance along Brunswick Street. Payment is required upon exit; cash, debit and credit are accepted. If using the parking garage, please note that you will need to exit the garage by foot using the exterior staircases, and walk to 140 Carleton Street to enter the building. Entrance through the parking garage is reserved for pass holders.



Agenda: Tuesday, June 20

Delta Fredericton, Ballroom A/B
225 Woodstock Road

8:00 am        Breakfast Buffet – Ballroom/Lobby

8:30 am        Opening Remarks and Launch of 2022 Annual Report
John Sinclair, President and CEO

9:15 am        Privacy Program Update
Marilyn McConnell, CPBO
Marc Hachey, Pension Policy and Privacy Administrator

9:45 am       Information Technology Risk Management
incl. Cybersecurity Update and IT Dashboard Overview
Brent Henry, CFO and VP Finance
Thomas Keating, Director Information Technology

10:15 am       Break

10:30 am      Risk Management Reporting Update
incl. Liquidity Risk Management and Asset Class Risk Allocation Forecasting
Brent Henry, CFO and VP Finance
Ying Wu, CCO and Risk Manager
Bradley Crossman, Risk Analyst

11:00 am      Responsible Investment Update
John Sinclair, President and CEO
Jon Spinney, CIO
Ying Wu, CCO and Risk Manager

12:00 pm     Keynote Speakers: CAPSA Guidelines & Industry Best Practices
Buffet lunch provided.

The Canadian Association of Pension Supervisory Authorities (CAPSA) is a national association of pension regulators whose mission is to facilitate an efficient and effective pension regulatory system. It develops regulatory policies and guidelines to improve pension plan administration and support pension plan administrators in meeting their fiduciary duty, while enhancing the protection provided to pension plan members across Canada.

Senior management from the Financial and Consumer Services Commission (FCNB) will provide an overview of published CAPSA guidelines and related committee activities that provide industry best practice resources.

Angela Mazerolle
Vice-President, Regulatory Operations and Superintendent of Pensions
Financial and Consumer Services Commission
Chair, Canadian Association of Pension Supervisory Authorities

Maryse Gagnon-Ouellette
Director, Pensions
Financial and Consumer Services Commission


Meet our speakers
Angela Mazerolle, Superintendent of Pensions and VP Regulatory Operations, NB Financial and Consumer Services Commission

Angela is the Vice President, Regulatory Operations for the New Brunswick Financial and Consumer Services Commission and, in that role, is responsible for the direction and oversight of all regulatory functions of the Commission. This includes direct oversight and responsibility for the Commission’s Financial Institutions Division, Consumer Affairs Division, Pensions Division, Insurance Division, Unclaimed Property Division, and Securities Division. Angela serves as the statutory regulator in many of these areas, including as the Superintendent of Pensions and Superintendent of Insurance.

Angela has been involved for more than 20 years in both policy development and the regulation of financial and consumer services. She is the Chair of the Canadian Association of Pension Supervisory Authorities (CAPSA) and the Vice Chair of the General Insurance Statistical Agency (GISA). She is also a Steering Committee Member of the International Pension & Employee Benefits Lawyers Association (IPEBLA), and an active member of the Canadian Council of Insurance Regulators (CCIR), the Canadian Insurance Services Regulatory Organizations (CISRO), and the Joint Forum of Financial Market Regulators.

Angela received her Bachelor of Commerce degree (Honours – Economics) from Mount Allison University and her Bachelor of Laws degree from the University of Alberta.

Maryse Gagnon-Ouellette, Director Pensions, NB Financial and Consumer Services Commission

Maryse is a graduate form the Université de Moncton with a Bachelor of Science in Forestry degree and a Bachelor of Laws degree.

She joined the NB public service in 2006 where she has held various policy roles, including with the division responsible for the administration of the NB public sector pension plans.
After nearly a decade in the public service, Maryse joined an international human resources consulting firm where she served as both an internal and external legal resource on pension related matters.

In July of 2022, she joined the NB Financial and Consumer Services Commission as Director of Pensions. In addition to overseeing the overall operations of the Pensions Division, Maryse represents the Commission on several Canadian Association of Pension Supervisory Authorities (CAPSA) committees.

Maryse is a member of the Law Society of New Brunswick and the Canadian Bar Association. She is also a contributing author to the Morneau Shepell Handbook of Canadian Pension and Benefit Plans (16th and 17th editions).

John Sinclair, President and Chief Executive Officer, Vestcor Inc.

John Sinclair is the President and Chief Executive Officer of Vestcor Inc. (formerly the N.B. Investment Management Corporation – NBIMC) and is primarily responsible for the investment management and benefit administration services for several public sector-based client groups that total more than $20 billion in assets.

He started his career in a logistics planning role with General Motors Corporation and worked in a number of corporate and investment banking positions with Citigroup Inc. John joined NBIMC in 2000, was the Chief Investment Officer from 2002 until early 2016 and has been the President and Chief Executive Officer since 2003.

A native of New Brunswick, he holds both a B.Sc. and M.Sc. in Civil Engineering from the University of New Brunswick, and a MBA with distinction from the Ivey Business School at Western University. He is a member of the Institute of Corporate Directors, serves on the Advisory Board of Atlantic Industries Limited and is a past Director of the Canadian Coalition for Good Governance and the Pension Investment Association of Canada. John also participates on the Investment Committees of the University of New Brunswick, and the Fredericton Community Foundation.

Marilyn McConnell, Chief Pensions and Benefits Administration Officer, Vestcor Inc.

Marilyn McConnell is the Chief Pensions and Benefits Operations Officer at Vestcor Inc. and is responsible for the oversight of the day-to-day operations of the Pension and Benefits Administration Entity.

Marilyn started with GNB’s former Pensions Division (with Department of Finance) working in Financial Services in 2000.  During the years 2000 to 2019, she held a variety of positions throughout the Administration Division until becoming the Chief Pensions and Benefits Operations Officer in 2019.

Born and raised in Toronto, Ontario, Marilyn moved to Fredericton in 1994 and received a Bachelor of Business Administration from the University of New Brunswick.  Marilyn also completed the Humber College Pension Plan Administration Certificate in 2002 and obtained her Chartered Professional Accountant designation through CGA NB in 2005.

Brent Henry, Chief Financial Officer and VP Finance, Vestcor Inc.

Brent Henry is the Chief Financial Officer and VP Finance at Vestcor Inc. (formerly N.B. Investment Management Corporation – NBIMC) and is responsible for oversight of the day-to-day operations and financial reporting of Vestcor’s corporate entity, the Vestcor Investment Entities, and our clients, as well as the operations and reporting of Vestcor’s investment performance measurement team. He is also responsible for maintaining Vestcor’s internal controls and oversight of the information technology team.

Prior to joining Vestcor Brent worked as a Senior Accountant with Deloitte & Touche, LLP in Saint John, New Brunswick. He joined NBIMC in 2008 as a member of the Fund Accounting Team, was the Director of Finance Operations from 2012 to 2021 and has been the Chief Financial Officer and VP Finance since 2021.

A native of New Maryland, New Brunswick, Brent obtained his Chartered Professional Accountant (Chartered Accountant) designation from the Canadian Institute of Chartered Accountants in 2008. Brent has a Bachelor of Business Administration with a minor in Economics and a concentration in Accounting from the University of New Brunswick. He is a member of the St. Thomas University Board of Governors.

Jon Spinney, Chief Investment Officer, Vestcor Inc.

Jon is the Chief Investment Officer and directs the asset mix and risk research agenda for the firm.  Additionally, as VP Quantitative Investing, he is also responsible for the implementation and management of all quantitative strategies.

Jon started his career as a fixed income and derivatives analyst at the N.S. Department of Finance before joining the Research Team of NBIMC as an Analyst in 2004.  Subsequently, he held additional positions including Portfolio Manager and Senior Portfolio Manager within the firm’s Equity Team before assuming the position of VP Quantitative Investing & Applied Research.

A native of Nova Scotia, Jon has an MS in Applied Mathematics/Computational Finance from the University of Washington and additionally holds and M.B.A. as well as qualifications in Economics and Finance.  Jon is a CFA charter-holder and from 2013-2016 was a Board Member of the Atlantic CFA Society.  In addition, he works with the University of New Brunswick as both a member of the Sponsor Advisory Board for the Center for Financial Studies and as an Adjunct Professor in the Masters in Quantitative Investment Management program.


Thomas Keating, Director Information Technology, Vestcor Inc.

Thomas Keating is the Director Information Technology (IT) at Vestcor Inc. (formerly N.B. Investment Management Corporation – NBIMC) and as such is responsible for leading the evolution of the IT strategy, delivering on key IT priorities, and for identifying opportunities to continuously improve the operations of both the overall corporation and the IT department.

After moving to Fredericton from Sussex, New Brunswick, to acquire his Bachelor of Computer Science from the University of New Brunswick, Thomas joined NBIMC full time in 2002. Continuing from previous Co-op work terms with NBIMC, he began his career in network administration and support, moved over to development, took on a senior and then management role, before becoming Vestcor’s Director of Information Technology in 2021.

A current resident of Fredericton’s northside, Thomas obtained his Information Systems Professional (I.S.P.) designation in 2020 from the Canadian Information Processing Society (CIPS), who are Canada’s Association of Information Technology Professionals.

Ying Wu, Chief Compliance Officer and Risk Manager, Vestcor Inc.

Ying is the Risk Manager and Chief Compliance Officer at Vestcor. She leads the Risk Management Team where she directs activities related to assessing and managing investment risks and other enterprise level risks. She is also responsible for regular risk management compliance reviews and reporting functions.

Ying started her career at GNB Department of Finance and joined NBIMC in 2008. She has held Research Analyst and Senior Research Analyst roles with the Research Team where she was a primary resource for firm-wide investment risk analysis as well as asset and liability management.

Ying holds an M.A. degree in Economics from the University of New Brunswick and is a CFA charter-holder. She also works as a part-time instructor at UNB in the Master’s in Quantitative Investment Management program. Ying also sits on the Board of the CFA Society Atlantic Canada.

Marc Hachey, Team Leader Pension Policy and Privacy Administrator, Vestcor Inc.

Marc Hachey is the Team Leader of Pension Policy and the Privacy Administrator at Vestcor Inc.  As the Team Leader of Pension Policy, he is responsible for overseeing the research, planning, and implementation/delivery of initiatives related to the legislated, negotiated, and shared risk model pension plans that Vestcor administers.  In his role as Vestcor’s Privacy Administrator, he is also responsible for the ongoing development and oversight of Vestcor’s privacy program and related deliverables.

Marc began his career in 1999 as a Financial Analyst with the Treasury & Debt Management Division of the Department of Finance (Province of New Brunswick).  Two years later, he joined the Office of Human Resources (the entity that would eventually become Vestcor in 2016) as a Benefits Counselor, and has served the organization in a wide variety of positions since that time until commencing his current role as the Team Leader of Pension Policy in 2017.  In 2019, Marc was also appointed as Vestcor’s Privacy Administrator.

Born and raised in Bathurst, Marc has a Bachelor of Commerce degree with a double major in Accounting and Computer Information Systems from Mount Allison University.

Bradley Crossman, Risk Analyst, Vestcor Inc.

Bradley Crossman is a Risk Analyst on the Risk Team at Vestcor Inc. (formerly N.B. Investment Management Corporation – NBIMC) and is predominately responsible for oversight and management of Vestcor’s investment risk measurement and reporting functionality, including the research, development, implementation, and validation of investment risk models and methods. He is also a resource for the Risk Team’s investment compliance and enterprise risk initiatives including carbon exposure modeling.

Prior to joining Vestcor Bradley worked as an Intern Portfolio Analyst with Russell Investments in Toronto, Ontario. He joined NBIMC in 2013 as a member of the Fixed Income Team, was a Research Analyst on the Quantitative Investing & Applied Research Team and has been a Risk Analyst on the Risk Team since the team’s formation in 2019.

A native of Sackville, New Brunswick, Bradley obtained his Financial Risk Manager certification from the Global Association of Risk Professionals in 2015 and the Chartered Financial Analyst designation from the CFA Institute in 2017. Bradley has a Bachelor of Business Administration with a double major in Economics and Finance from the University of New Brunswick, participating in the school’s Student Investment Fund and holds a Master of Economics from the University of Toronto. He is a Contract Academic Employee at the University of New Brunswick, co-instructing a course in Portfolio Risk Management within the Master of Quantitative Investment Management program.

Elizabeth-Anne McCleave, Manager Communications

Elizabeth-Anne (Liz) McCleave is the Manager Communications at Vestcor Inc.  In this role since December 2016, Liz leads the development and implementation of communication strategies for Vestcor and its’ clients.

Liz completed a BBA with Honours in Finance from the University of New Brunswick. Shifting her focus to Marketing, she completed an MBA in Marketing and Entrepreneurship. In 2009, she earned the title of Canada’s Next Top Ad Executive, a national marketing communications competition held by McMaster’s DeGroote School of Business and Volkswagen Canada.  Since then, Liz has held marketing communication roles in the public and private sector, including New Brunswick’s Department of Tourism, Corey Nutrition Company, UNB Alumni Office, and her own consulting practice. Liz was previously a part-time instructor for the Centre for Arts and Technology’s Event Planning and Management Program.


If you require accommodations, the Delta Fredericton has provided a group rate of $179 per night, using Corporate Rate Code D6875. If there is an advertised rate that is lower than this promotional rate, then the lower rate will automatically be applied. Parking is $13/day.

To make a reservation for a standard room, visit Fill in the dates, number of occupants, and enter the corporate rate code (D6875) in Special Rates. Select “View Rates” and you will see the availability and can continue on with making the reservation.

Submit your questions

You will have the opportunity to pose questions throughout the Client Forum. If there are any you would like to submit in advance, we welcome you to do so using the form below. Thank you in advance!

Submitting a question: Client Forum 2023