Item - 2020.CA12.1
Tracking Status
- City Council adopted this item on January 29, 2020 without amendments and without debate.
- This item was considered by Civic Appointments Committee on January 22, 2020 and was adopted with amendments. It will be considered by City Council on January 29, 2020.
CA12.1 - Toronto Investment Board - Appointment of Public Members
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on January 29, 2020, adopted the following:
1. City Council appoint the following candidates to the Toronto Investment Board, at pleasure of Council, for a term of office ending on January 31, 2024, and until successors are appointed:
Tanya Lai
Mary Robinson
Pamela Steer
2. City Council direct that Confidential Attachments 1 to 5 to the report (January 10, 2020) from the City Clerk remain confidential in their entirety as they relate to personal matters about identifiable individuals being considered for appointment to the Toronto Investment Board.
Confidential Attachments 1 to 5 to the report (January 10, 2020) from the City Clerk remain confidential in their entirety in accordance with the provisions of the City of Toronto Act, 2006, as they relate to personal matters about identifiable individuals being considered for appointment to the Toronto Investment Board.
City Council Decision Advice and Other Information
Appointees' biographies:
Tanya Lai
Tanya Lai is Managing Director, Public Equities at the Investment Management Corporation of Ontario (IMCO). Tanya’s main areas of responsibility are strategy research and implementation, portfolio construction, manager selection and management across public equities strategies. Tanya has a MBA from University of Toronto Rotman School of Management, B.Comm (Honours) from University of Toronto, and is a CFA charter-holder (member of the Toronto CFA Society). Tanya also serves on the Investment Advisory Committee of the Public Guardian and Trustee (Ontario).
Mary Robinson
As Director of Research, Policy and Collaboration with the Responsible Investment Association, Mary Robinson is advancing the adoption of responsible investment in Canada. Mary is a CFA charterholder with over 25 years of experience advising institutional investors on complex governance and investment management issues with expertise in a broad range of asset classes. Mary holds an Honours Bachelor of Mathematics (University of Waterloo) and is an Associate of the Canadian Institute of Actuaries.
Pamela Steer
Pamela Steer, FCPA, FCA, CBV, CFA is the Chief Financial Officer of Payments Canada. Pamela has more than 15 years of management experience with global organizations, which have experienced high growth and transformation. Her community involvement includes Past Chair of the Board of CFA Society Toronto and global Advisory Council member to Accounting for Sustainability. She is also a founding advisory council member for the Institute for Sustainable Finance. Pamela was honoured in 2019 as Canada’s CFO of the Year.
Confidential Attachment - Personal matters about identifiable individuals who are being considered for appointment to the Toronto Investment Board
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2020/ca/bgrd/backgroundfile-141828.pdf
Confidential Attachment 1 - List of Candidates, Qualifications, Confidential Diversity Information Summary, and Applications for Appointment to the Toronto Investment Board (previously distributed with Item CA11.3)
Confidential Attachment 2 - Interest in Re-appointment from Current Members of the Toronto Investment Board (previously distributed with Item CA11.3)
Confidential Attachment 3 - Diversity Information Summary of Current Members of the Toronto Investment Board (previously distributed with Item CA11.3)
Confidential Attachment 4 - Interview schedule for January 22, 2020 (to be circulated under separate cover)
Confidential Attachment 5 - Interview questions for January 22, 2020 (to be circulated under separate cover)
CA12.1 - Toronto Investment Board - Appointment of Public Members
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
Confidential Attachment - Personal matters about identifiable individuals who are being considered for appointment to the Toronto Investment Board
Committee Recommendations
The Civic Appointments Committee recommends that:
1. City Council appoint the following candidates to the Toronto Investment Board, at pleasure of Council, for a term of office ending on January 31, 2024, and until successors are appointed:
Tanya Lai
Mary Robinson
Pamela Steer
2. City Council direct that Confidential Attachments 1 to 5 to the report (January 10, 2020) from the City Clerk remain confidential in their entirety as they relate to personal matters about identifiable individuals being considered for appointment to the Toronto Investment Board.
Decision Advice and Other Information
Candidates' biographies:
Tanya Lai
Tanya Lai is Managing Director, Public Equities at the Investment Management Corporation of Ontario (IMCO). Tanya’s main areas of responsibility are strategy research and implementation, portfolio construction, manager selection and management across public equities strategies. Tanya has a MBA from University of Toronto Rotman School of Management, B.Comm (Honours) from University of Toronto, and is a CFA charter-holder (member of the Toronto CFA Society). Tanya also serves on the Investment Advisory Committee of the Public Guardian and Trustee (Ontario).
Mary Robinson
As Director of Research, Policy and Collaboration with the Responsible Investment Association, Mary Robinson is advancing the adoption of responsible investment in Canada. Mary is a CFA® charterholder with over 25 years of experience advising institutional investors on complex governance and investment management issues with expertise in a broad range of asset classes. Mary holds an Honours Bachelor of Mathematics (University of Waterloo) and is an Associate of the Canadian Institute of Actuaries.
Pamela Steer
Pamela Steer, FCPA, FCA, CBV, CFA is the Chief Financial Officer of Payments Canada. Pamela has more than 15 years of management experience with global organizations, which have experienced high growth and transformation. Her community involvement includes Past Chair of the Board of CFA Society Toronto and global Advisory Council member to Accounting for Sustainability. She is also a founding advisory council member for the Institute for Sustainable Finance. Pamela was honoured in 2019 as Canada’s CFO of the Year.
Origin
Summary
The Civic Appointments Committee will conduct interviews and recommend three public members to City Council for appointment to the Toronto Investment Board.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/ca/bgrd/backgroundfile-141828.pdf
Confidential Attachment 1 - List of Candidates, Qualifications, Confidential Diversity Information Summary, and Applications for Appointment to the Toronto Investment Board (previously distributed with Item CA11.3)
Confidential Attachment 2 - Interest in Re-appointment from Current Members of the Toronto Investment Board (previously distributed with Item CA11.3)
Confidential Attachment 3 - Diversity Information Summary of Current Members of the Toronto Investment Board (previously distributed with Item CA11.3)
Confidential Attachment 4 - Interview schedule for January 22, 2020 (to be circulated under separate cover)
Confidential Attachment 5 - Interview questions for January 22, 2020 (to be circulated under separate cover)
Motions
That the Civic Appointments Committee recommend that City Council appoint the following candidates to the Toronto Investment Board, at pleasure of Council, for a term of office ending on January 31, 2024, and until successors are appointed:
- Tanya Lai
- Mary Robinson
- Pamela Steer