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Mark Machin

London, United Kingdom

© Alternative Investment in Asia – Mark Machin, World Economic Forum
Mark Machin is a British-born business executive and financial professional best known for his tenure as President and chief executive officer of Canada Pension Plan Investment Board (CPPIB), positions he held for more than five years.

Since leaving the CPPIB in 2021, Mark Machin has served as a Senior Advisor for Singapore-based venture capital group, Serendipity Capital, as well as co-founding Opto Investments, an asset management concern, and Intrepid Growth Partners, a private equity and venture investment firm.

Early life

Born in England in 1966, as a young man, Mark Machin earned a Bachelor of Arts in Physiological Sciences from Oxford University in 1987. He would go on to complete a Bachelor of Medicine, Bachelor of Surgery from Cambridge University in 1990.

Career

After finishing his formal education, Mark Machin made the decision to forego a career in medicine, and instead turned his focus to the world of finance. He began his career as an analyst in the London office of Goldman Sachs in 1991. Within a short time, he was relocated to Hong Kong to join the firm’s new office, where he spent the next two decades building a career specializing in capital markets and investment banking throughout Asia. During this period, Machin rose to become Vice Chairman and served six years as Asia Head of Investment Banking.

In 2012, Mark Machin left Goldman Sachs to join the Canada Pension Plan Investment Board (CPPIB), a professional investment management organization that operates independently from the Canadian government. Headquartered in Toronto with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo, and Sydney, CPPIB manages diversified portfolios that include public equities, private equities, real estate, infrastructure, and fixed income, serving over 20 million contributors and beneficiaries of the Canada Pension Plan.

Mark Machin’s first position at CPPIB was Senior Managing Director and President of the Asia division, but only one year later he was promoted to the Head of the International division. In the latter role, he was responsible for overseeing CPPIB’s international investment activities, managing advisory relationships worldwide, and leading the organization’s global initiatives.

In June 2016, he was appointed as the President and CEO of CPPIB, responsible for the fund itself, as well as CPPIB’s nearly 2,000 employees across nine offices. With Machin at the top position, CPPIB expanded its global reach and grew its net assets to nearly $500 billion CAD. His leadership earned CPPIB recognition as one of the top-performing global pension funds.

A great believer in equal opportunities in the workplace, Mark Machin also undertook an initiative to hire women at a similar rate to men across the organization, and to promote qualified women to executive and board positions. Today, CPPIB counts women as 46% of its workforce, 36% of senior management, and more than half of its board members, largely in part to the efforts and legacy of Mark Machin. Machin himself was recognized as a Catalyst Honours Champion in 2020 for advancing workplace equity and was also named one of Canada’s Top 10 CEOs by Glassdoor in 2018.

After leaving CPPIB in 2021, Machin transitioned into a series of advisory and leadership roles. He became a non-executive director at Singapore-based Serendipity Capital, serves on the International Advisory Board of the Government of Singapore Investment Corporation (GIC), and acts as Strategic Advisor to FCLTGlobal. He also co-founded two investment ventures: Opto Investments, a platform connecting advisors to alternative investments, and Intrepid Growth Partners, where he is currently Managing Partner. Additionally, Mark Machin holds an independent non-executive director role at CVC Capital Partners and continues to mentor technology and early-stage companies across North America and Europe.

Outside of his professional endeavours, since 2001, Machin has served as a trustee of the CAF – Harry Mahon Cancer Research Trust, established in memory of the renowned rowing coach Harry Mahon, who passed away in May 2001. In this role, he and a group of friends have raised nearly £90,000 to purchase advanced equipment supporting cancer research at the John Radcliffe Hospital in Oxford.

Net Worth

Information pertaining to Mark Machin’s net worth is not currently available to the public.

Achievement

Earning a Bachelor of Arts degree in Physiological Sciences from Oxford University in 1987.
Earning a Bachelor of Medicine, Bachelor of Surgery degree from Cambridge University in 1990.
Spending 20 years in the Hong Kong office of Goldman Sachs becoming an expert in capital markets and investment banking in Asia, eventually being promoted to Asia Head of Investment Banking for the firm.
Taking the role of Senior Managing Director and President of the Asia division of the Canada Pension Plan Investment Board (CPPIB) in 2012.
Becoming Head of the International division of CPPIB in 2013.
Ascending to the positions of President and CEO of the CPPIB in 2016, and overseeing the growth of its net assets to nearly $500 billion CAD.
Being named one of Canada’s Top 10 CEOs by Glassdoor as part of its Employee Choice Awards in 2018.
Achieving Canada Pension Plan’s stated goal of gender-balanced hiring in 2019.
Receiving the distinction of Honours Champion, as presented by the nonprofit organization Catalyst, ​​for cultivating a progressive workplace that advances women into leadership in 2020.
Serving as a trustee of the CAF – Harry Mahon Cancer Research Trust, which raises money to purchase advanced medical equipment and fund cancer research, since 2001.