Mark Wiseman is a businessman and financier. He is currently the chair of the
Alberta Investment Management Corporation
Alberta Investment Management Corporation (AIMCo) is an Albertan Crown corporation and institutional investor established to manage several public funds and pensions headquartered in Edmonton, Alberta. AIMCo was established by an act of the Legi ...
.
[ He was formerly a manager at ]BlackRock
BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...
. Prior to 2016, Wiseman was President and CEO of the Canada Pension Plan Investment Board
The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Cana ...
(CPPIB).
Education
Born in Niagara Falls, Ontario
Niagara Falls is a city in Ontario, Canada. It is on the western bank of the Niagara River in the Golden Horseshoe region of Southern Ontario, with a population of 88,071 at the 2016 census. It is part of the St. Catharines - Niagara Census M ...
, Wiseman earned a bachelor's degree from Queen's University as well as a law degree and an MBA from the University of Toronto
The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
. He obtained a Master of Laws degree from Yale University
Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the wo ...
.
Career
Early in his career, Wiseman was an officer with Harrowston, a publicly traded Canadian merchant bank and a lawyer with Sullivan & Cromwell
Sullivan & Cromwell LLP is an American multinational law firm headquartered in New York City. Known as a white-shoe firm, Sullivan & Cromwell is recognized as a leader in business law, and is known for its impact on international affairs, such a ...
, practicing in New York and Paris. He also was a law clerk to Madam Justice Beverley McLachlin
Beverley Marian McLachlin (born September 7, 1943) is a Canadian jurist and author who served as the 17th chief justice of Canada from 2000 to 2017. She is the longest-serving chief justice in Canadian history and the first woman to hold the p ...
at the Supreme Court of Canada
The Supreme Court of Canada (SCC; french: Cour suprême du Canada, CSC) is the Supreme court, highest court in the Court system of Canada, judicial system of Canada. It comprises List of Justices of the Supreme Court of Canada, nine justices, wh ...
. Then, Wiseman was responsible for the private equity fund and co-investment program at the Ontario Teachers’ Pension Plan
The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian p ...
. Wiseman then joined the Canadian Pension Plan Investment Board (CPPIB) as a Senior VP in 2005. Wiseman became the President and CEO of CPPIB in 2012.
From 2016 to 2019, Wiseman was a Senior Managing Director at BlackRock
BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...
, Global Head of Active Equities, Chairman of its alternatives business, and Chairman of BlackRock’s Global Investment Committee. He was also on BlackRock’s Global Executive Committee. On December 5, 2019, Wiseman was fired from his position at BlackRock following a failure to report a consensual relationship with a subordinate employee under his reporting line. in violation of the company’s relationship at work policy. Wiseman stated in an internal memo “I engaged in a consensual relationship with one of our colleagues without reporting it. I regret my mistake and I accept responsibility for my actions.”
Wiseman advised various businesses, most recently joining Lazard
Lazard Ltd (formerly known as Lazard Frères & Co.) is a financial advisory and asset management firm that engages in investment banking, asset management and other financial services, primarily with institutional clients. It is the world's lar ...
as a part-time Senior Advisor. He is also a Senior Advisor to Boston Consulting Group
Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (or MBB, the world’s three largest management consulting firms by rev ...
and Hillhouse Capital.
He is a co-founder and Chair of the Century Initiative
The Century Initiative (originally the Laurier Project Foundation) is a Canadian lobby group and charity that aims to increase Canada's population to 100 million by 2100. This includes increasing the population of megaregions, which are interlo ...
, a lobbying group focused on increasing Canada's population to 100 million by 2100.
Wiseman is the Co-Founder and former Chairman of FCLTGlobal (formerly Focusing Capital on the Long Term), an organization that encourages longer-term approaches in business and investing, which was set up by BlackRock
BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...
, CPPIB
The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Can ...
, Dow
Dow or DOW may refer to:
Business
* Dow Jones Industrial Average, or simply the Dow, a stock market index
* Dow Inc., an American commodity chemical company
** Dow Chemical Company, a subsidiary, an American multinational chemical corporation
...
, McKinsey & Company
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
and Tata in 2016.
In June 2020, Wiseman was named the new chair of the Alberta Investment Management Corporation
Alberta Investment Management Corporation (AIMCo) is an Albertan Crown corporation and institutional investor established to manage several public funds and pensions headquartered in Edmonton, Alberta. AIMCo was established by an act of the Legi ...
.
Personal life
Wiseman had a common-law relationship with a woman he met in 1992 on his first day at University of Toronto (Marcia Moffat, currently Country Head of Canada for BlackRock, who joined the firm a year before Wiseman). Their relationship ended after he was fired from BlackRock in 2019 for having an undisclosed relationship with a subordinate.
References
{{DEFAULTSORT:Wiseman, Mark
1970 births
Living people
Canadian financiers
Canadian chief executives
CPP Investment Board people
Jewish Canadian activists
Jewish Canadian philanthropists