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OMERS CEO Revamps Leadership Structure

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James Bradshaw of the Globe and Mail reports  OMERS streamlines leadership structure after investment chief departs: The OMERS pension plan is redrawing its leadership structure to create more direct reporting lines to chief executive officer Blake Hutcheson after investment chief Ralph Berg left the fund this week to take a new job. Ontario Municipal Employees Retirement System announced Thursday that it is giving expanded roles to Michael Hill, who will oversee the plan’s infrastructure and private equity divisions worldwide, and to Scott McIntosh, who takes on responsibility for the plan’s equities team. OMERS will not name a new chief investment officer, and Mr. Hutcheson will take on duties from Mr. Berg, whose departure to take a new role at Singaporean state-owned fund Temasek Holdings Ltd. was announced in June . Five senior executives will report directly to Mr. Hutcheson, giving him clear responsibility for the fund’s investing activities on a daily basis. T...