CIO’s exit comes just after three years in the role
Just after three years in the role, one of Canada’s Maple Eight pension funds’ top executives is leaving to join London-based Temasek Holdings Ltd., a Singaporean state-owned investment firm that manages more than US$520 billion of assets.
Ralph Berg, OMERS’ CIO will leave the pension fund on July 1, 2026, Don Peat, director of media relations at OMERS, confirmed to BPM.
“We thank Ralph for his many contributions throughout his years at OMERS and wish him success in the next chapter of his career,” said Peat.
Effective immediately, Blake Hutcheson will take on the CIO’s duties “in addition to his positions as OMERS President and CEO,” Peat added.
According to a statement from Temasek, Berg will start to fulfill his duties with the firm on September 1 as Head, Europe, and Head of the New Energy & Industrials (NEI) and Mobility & Logistics teams, based in London.
Berg started at OMERS in 2013 with over three decades of experience in the investment sector. Prior to his appointment as CIO in 2023, he served as executive vice-president and global head of infrastructure at OMERS Infrastructure, before taking on leadership of OMERS Capital Markets - a division that accounts for close to half of the organization's net investment assets.
During his tenure as CIO, OMERS expanded the reach and depth of both its capital markets and infrastructure portfolios across a wider range of sectors and regions.
Before joining OMERS, Berg held the role of managing director and head of the European Energy & Power group at Credit Suisse, where his work centred on advising clients through mergers and acquisitions, public offerings, and structured-finance deals.
He had previously spent more than ten years with Deutsche Bank's energy team, working out of New York and London.
