OPTrust partners with Toronto Financial Services Alliance (TFSA)Posted: September 6, 2016
September 6, 2016 (Toronto) – OPTrust announced today its partnership with the Toronto Financial Services Alliance (TFSA), a vibrant public–private partnership dedicated to building Toronto’s role as a global financial services centre.
“Toronto is home to several world class financial institutions and we believe this strategic partnership provides a real advantage for OPTrust to highlight our expertise as one of Canada’s top pension funds,” said Hugh O’Reilly, President and CEO, OPTrust.
“We look forward to leveraging our relationship with the TFSA and other industry leaders to help drive growth and innovation, and further enhance Toronto’s global reputation as a financial hub.”
TFSA members have the opportunity to shape the organization’s strategies, participate in international business missions, contribute to submissions on key policy issues, network, attend TFSA events and participate in TFSA committees.
With assets of $18.4 billion, OPTrust invests and manages one of Canada's largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with almost 87,000 members and retirees. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets, through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU and five by the Government of Ontario.
The Toronto Financial Services Alliance (TFSA) is a unique, public–private partnership dedicated to growing Toronto region’s financial services cluster and building it as a “top ten” global financial services centre. Established in 2001, TFSA is a collaboration involving three levels of government, the financial services industry and academia.
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OPTrust media relations contact:
Manager, Public Affairs