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OPTrust Announces Leadership Transition

posting date Posted: May 2, 2014 | Updated: August 15, 2014

TORONTO, August 15, 2014 - The Board of Trustees of OPTrust announced that Bill Hatanaka, President and CEO, has decided to leave the organization effective January 1, 2015. Mr. Hatanaka will work closely with the Board over the remainder of his term to help identify, select and transition to the organization’s next CEO.

“Bill Hatanaka has been an exemplary leader for OPTrust who successfully piloted the organization through a critical period of transformative change,” said Scott Campbell, Board Chair. “He has established a strong foundation for OPTrust’s future, setting it on the right path to deliver long-term pension sustainability for our over 84,000 members.”

During Mr. Hatanaka’s tenure, he spearheaded the development of a new strategic plan for the organization with a renewed focus on long-term sustainability and the Plan’s funded status; enhanced OPTrust’s capabilities in asset-liability management, risk management, information technology and external affairs; and led the organization to another year of successful results. In 2013, OPTrust continued to be fully-funded, with its sound funding position supported by a strong investment return of 11.7%, net of external management fees.

“I have been privileged to work along side an exceptional team of men and women at OPTrust and I have full confidence in their ability to continue to deliver excellence on behalf of the members we serve,” said Bill Hatanaka. “I also want to express my thanks to the Board for its support and partnership and I look forward to working with them in the coming months to help select my successor.”