Pension Plan Assessments and 2016 Update - March 16, 2016

Paul Owens, Deputy Superintendent of Pensions    Alberta Treasury Board and Finance In his role as the Alberta Deputy Superintendent of Pensions, Paul is responsible for the regulation of 600+ private sector pension plans registered in Alberta under the Employment Pension Plans Act. He brings over 30 years of private sector experience to the role. He has served as the Director, Pensions, for the Bank of Nova Scotia’s global pension operations, and then as the founding CEO of the Colleges of Applied Arts and Technology (CAAT) Pension Plan, a multi-employer defined benefit pension plan with 24 employers and 30,000 active and retired members. In that position, Paul led the start-up of the CAAT plan as stand-alone entity and was responsible for $5 billion in assets and liabilities, board and plan governance systems as well as all in house administrative processes. He joined the government of Alberta in January 2012.

Paul is a member of several boards and has been a regular speaker at pension and investment conferences across North America and contributor to pension and investment publications and newsletters.

He has a B.B.A from the University of New Brunswick and an M.B.A. from Queen’s University and certifications in total rewards and investments from WorldatWork and Humber College. He has recently completed the Principles of Administrative Justice course offered by the Foundation and has also completed the Canadian Securities Course.

Haripaul Pannu, Senior Manager, Risk Management    Alberta Treasury Board and Finance   Haripaul is the Senior Manager, Risk Management with Employment Pensions in the Financial Sector Regulation and Policy branch of Alberta Treasury Board and Finance.  He is an actuary with over 20 years of pension experience. He has pension consulting experience, pension administration experience and now pension regulatory experience.  In his current role, he provides actuarial and risk management support for the Superintendent of Pensions in respect of private sector pension plans in Alberta.

In his prior roles:

•          He worked with Alberta Pensions Services and assisted three of Alberta’s public sector pension boards by providing actuarial and policy information; and
•          He was a pension plan consultant with major international consulting firms assisting both public and private sector pension plans.

Haripaul is a Fellow of the Canadian Institute of Actuaries and the Society of Actuaries. He has a B.Sc. from the University of Alberta and a M.Math from the University of Waterloo.