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Vestcor Welcomes Three New Directors To Its Board | November 28, 2023

November 28, 2023

Fredericton, NB – Vestcor Inc. is pleased to announce the appointment of three new Directors to our Board of Directors: Ms. Courtney Pringle-Carver, Mr. Steven Wolff, and Ms. Suzanne Young.

Ms. Courtney Pringle-Carver is Vice-President University Advancement at Mount Allison University. Courtney has been a member of the executive team of this top ranked Canadian undergraduate university since 2021. She is an accomplished corporate affairs executive, having previously held management roles with Atlantic Lottery Corporation, including Vice President Brand & Communications, Vice President External Affairs, and Vice president, Regulatory Relations & Corporate Communications. Courtney currently sits on the Boards of Venn Innovation Centre, supporting tech-based startups in southeast New Brunswick.

Mr. Steven Wolff is a retired former Chief Executive Officer of CIBC Mellon. Steven provides a wealth of knowledge in the investment and pension management fields, having been at the helm of CIBC Mellon for six years, and that of the Nova Scotia Pension Services Corp for 8 years prior to that. He also held several progressive roles over two decades with the international firm State Street Bank & Trust Company. Newly retired, Steven is actively involved in other not-for-profit organizations, including the Board of the Ontario Shores Centre for Mental Health.

Ms. Suzanne Young, CPA, CGA, is the Chief Financial Officer of Atlantic Lottery Corporation. She is a seasoned accountant, having held executive financial roles with several private and public Canadian organizations including JD Irving, Deloitte, Finning Canada, and Lilydale Inc. Suzanne is the Vice Chairperson of the Board of the Pension Plan for Employees of the Council of Atlantic Premiers and Participating Employers and also sits on the Board of Moncton’s Crossroads for Women.

“I would like to thank the members of our Board of Director’s Ad-Hoc Director Search Committee for their work with our rigorous search process and we look forward to the new Director’s insights and contributions to our Board” said David Losier Vestcor’s Chairperson.

We also want to recognize and thank two outgoing Directors for their past service, Ms. Lori Clark and Mr. Daniel Murray. Ms. Clark recently resigned from the Board due to altered professional commitments. Mr. Murray had been a member of the Board since the inception of Vestcor Inc. and his term had ended in June 2022. We thank both for their important contribution – and wish them all the best in their future endeavours.

Vestcor’s Board of Directors is responsible for the governance, stewardship, and strategic direction of the company. To learn more about Vestcor’s governance, visit vestcor.org/governance.

About Vestcor

A Partner in Creating and Delivering Sustainable Financial Security.

Vestcor is an independent not-for-profit company located in Fredericton, New Brunswick which provides global investment management services to 10 different public sector client groups representing approximately $20 billion in assets under management as of December 31, 2022, and administration services to 11 public sector pension plans and four employee benefit plans.

Vestcor’s team of more than 150 service professionals provides innovative, integrated, cost-effective investment management and pension and benefit administration services solutions to public sector entities. Vestcor currently services the requirements of over 111,000 individual plan members and 140 participating employer groups.

 

For information

John Sinclair
President and Chief Executive Officer

(506) 453 2296