The Canada Pension Plan Investment Board has announced two senior appointments.
The pension giant has promoted Maximilian Biagosch to senior managing director and global head of real assets.
In a release, the C$536 billion fund said Biagosch - already a member of CPP Investment's senior management team - will stay on as the head of Europe, according to a release.
Biagosch joined the pension fund in 2015 following senior roles at Permira Advisers LLP Deutsche Bank and BNP Paribas.
"We have valued Max's experience, strong leadership and demonstrated performance on the senior management team - all attributes that position him well to lead our global real assets program," said John Graham, president and chief executive officer of CPP Investments.
Meanwhile, Jon Webster joins as chief operating officer, arriving from Boston Consulting's financial institutions and technology group where he was managing director and partner.
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"Jon's successful track record in operations and technology-enabled transformation with financial organisations make him ideally suited to both take on the role of COO and contribute important insights to the organisation," added Graham.