WCM and OPTrust Announce Partnership AgreementPosted: May 4, 2016
April 27, 2016 (Toronto) – OPTrust today formalized its commitment to increasing the number of women working in the industry and the advancement of women into senior leadership roles by announcing its partnership with Women in Capital Markets (WCM), the largest network of professional women in the Canadian capital markets.
“We are extremely pleased that OPTrust has agreed to partner with WCM. We work very closely with all of our partners to support their internal initiatives to advance women and provide opportunities for professional development and networking for their employees,” said Jennifer Reynolds, WCM President & CEO.
“Our partners understand the business case for having more women in leadership roles and support our advocacy efforts to drive change in the industry.”
“Encouraging and supporting greater leadership development and opportunities for women is one of the key initiatives of OPTrust’s diversity program,” noted Hugh O’Reilly, President and CEO, OPTrust. “We believe that diversity is in the best interests of our organization because it promotes a wider range of thought and better outcomes for our members and retirees. We are proud to work with an organization that is committed to advancing women in business and look forward to many positive outcomes as a direct result of this partnership.”
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.
WCM (wcm.ca) is the largest network of professional women in the Canadian financial sector and the voice of advocacy for women in Canadian capital markets. WCM is committed to advancing women in business and increasing the number of women in senior leadership roles. We work with our partners, members and the broader public to promote initiatives that successfully increase the economic empowerment of women and move the dial on women's representation and impact on boardrooms and executive suites of corporate Canada.
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