CPPIB CEO Mark Machin steps down after getting COVID-19 vaccine in UAE

Canada Pension Plan Investment Board (CPPIB) said on Friday Mark Machin had stepped down as CEO of the country’s largest pension fund after disclosing he recently traveled to the United Arab Emirates where he arranged to be vaccinated against COVID-19.

CPPIB said it had accepted Machin’s resignation and appointed John Graham as chief executive officer.

Canada’s Ministry of Finance on Thursday called a media report about Machin traveling to the Middle East and receiving a COVID-19 vaccination “very troubling”.

Machin was not immediately available for comment.

Read more: Head of Canada Pension Plan board received COVID-19 vaccine in Dubai: reports

Machin, 54, received Pfizer’s vaccine shot after arriving in the UAE with his partner this month, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Story continues below advertisement

Machin was named president and CEO in June 2016, according to the pension fund’s website.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Anil D’Silva)

© 2021 Reuters

Latest articles

Related articles