Ontario Teachers' Pension Plan Board announced March 24 that Tim Deacon has been appointed to succeed David McGraw as its new Chief Financial Officer.  

McGraw will retire as CFO in June after a 16-years with the organization. Deacon will join Ontario Teachers' on April 19 as CFO designate, working with McGraw on the transition. He will report to Jo Taylor, President and Chief Executive Officer. 

"I am pleased to welcome Tim to our Executive Team. He brings a strong track record of achieving results and leading large global teams through transformation," said Taylor. "I am confident his significant leadership experience and deep global investment knowledge will serve Ontario Teachers' well as we embark on our next phase of growth." 

Deacon joins from Manulife where he was Group Controller and Global Chief Accounting Officer. Previously he was CFO of Manulife's Global Wealth and Asset Management businesses and held other senior executive roles across Finance, Risk, Strategy and Operations. Prior to Manulife, he was a director at PwC LLP in the Global Capital Markets Group. 

Deacon is an Ontario Chartered Professional Accountant and a U.S. Certified Public Accountant. He earned his Bachelor of Commerce from Queen's University