Mastercard Foundation Asset Management
Jennifer Newman, CPA CA, ICD.D, currently serves as the Chief Operating Officer at Mastercard Foundation Asset Management since January 2024 and is an Independent Board Member and Vice-Chair on the Board of CIRO/OCRI, where involvement includes chairing the Finance, Audit & Risk Committee and participating in the Governance Committee. Prior experience includes roles as a Special Advisor to the Investment Committee at Mastercard Foundation (October 2022 - December 2023) and Senior Managing Director at Ontario Teachers' Pension Plan, overseeing real estate operations and enterprise service delivery from June 2009 to December 2021. Earlier career highlights include finance leadership positions at CIBC and Bank of Montreal, as well as managerial roles at Price Waterhouse Coopers. Jennifer holds a Chartered Accountancy designation from CPA Canada and a Bachelor of Commerce in Accounting from Queen's University, along with credentials from the Institute of Corporate Directors.
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Mastercard Foundation Asset Management
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Established in 2023, Mastercard Foundation Asset Management (MFAM) Corporation was created to build and manage a diversified investment portfolio to support the mission of the Mastercard Foundation, one of the largest private foundations in the world. Headquartered in Toronto, Canada, we have a global investment strategy and mandate to deliver returns that will fund the philanthropic mission of the Mastercard Foundation and the work of its partners in Africa and Canada over the long term. MFAM aims to cultivate an ecosystem of exceptional people, trusted partnerships, and long-term investments to achieve lasting impact through the work of the Mastercard Foundation.