Canada Pension Hires Ex-Goldman Banker Machin to Lead Asia

Lock
This article is for subscribers only.

Canada Pension Plan Investment Board, the country’s second-biggest retirement fund, tapped a veteran investment banker to head its Asia-Pacific unit as it seeks to increase investments in the region.

Mark Machin, who stepped down as Goldman Sachs Group Inc.’s vice-chairman for Asia-Pacific excluding Japan in December, will become president of CPPIB Asia Inc. effective March 19, the company said in an e-mailed statement today.