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Canada pensions chief steps down

Caisse de dépôt et placement du Québec, one of the largest pension funds in Canada, will begin its search for a new chief executive following the decision by the incumbent head to step down after six years, during which time assets at the C$155bn (€100bn) scheme have more than doubled.

Henri-Paul Rousseau has been president and chief executive officer at the fund since September 2002. During his tenure net assets at the fund have doubled from C$77.7bn to C$155.4bn.

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