PSP Investments CTO David Ouellet to Depart, Adding to Executive Exits

A CTO exit at a C$321 billion pension fund is not routine housekeeping. Technology and data roles have become central to how large asset managers build private-market and RWA capabilities, so leadership churn in that seat can slow or reshape execution. The interim appointment of the chief risk officer — rather than a dedicated technology successor — suggests continuity is being prioritized over transformation, at least for now. Whether the run of senior departures stabilizes, and whether a permanent technology chief is named with a different mandate, is the open question.