OTPP appoints new head for APAC, bolstering investments and expanding presence in the region
The Ontario Teachers' Pension Plan (OTPP) has announced the appointment of Bruce Crane as the executive managing director and head of the Asia-Pacific region. Crane has almost thirty years of experience in public and private markets, investment banking, and advisory services in both Asia-Pacific and the Americas.
The decision, effective immediately, comes after the retirement of Ben Chan, as stated by OTPP.
In his new role, Crane will be reporting to Chief Investment Officer Ziad Hindo and will oversee investment activities and portfolio management in the Asia-Pacific region. OTPP's offices in Hong Kong, Mumbai, and Singapore will fall under his leadership.
Crane's journey with OTPP began in 2020 when he joined as the first employee in the Singapore office. Despite facing the challenges of a pandemic-induced lockdown, he successfully established and staffed the office.
Crane played a crucial role in expanding OTPP’s presence in the region, taking charge of the Infrastructure and Natural Resources portfolio.
“As head of APAC, Bruce will play a leading role as we continue to progress our global growth strategy and deepen our investment activities across the region,” said Hindo.
This appointment follows OTPP's recent establishment of an office in Mumbai, India, joining fellow Canadian pension funds CPPIB and CDPQ.
