Keith Ambachtsheer


Keith Ambachtsheer
urriculum Vitae

KPA Advisory Services provides strategic advice on governance, finance, and investment matters mainly to pension organizations, but also to governments, industry associations, pension plan sponsors, foundations, endowments, and other institutional investors around the world. The firm was founded in 1985.

Keith Ambachtsheer, President and Founder, is widely recognized for his ‘out-of-the-box’ thinking on pension governance, finance, investment, and related issues. He co-founded CEM Benchmarking Inc. in 1991. Today, CEM is recognized as the premier global benchmarking organization in the pensions and investments field. In 2005, he became the founding Director, and Adjunct Professor of Finance, of the International Centre for Pension Management (ICPM) based at the Rotman School of Management, University of Toronto. He was named Director Emeritus in 2014. He became the founding Editor of the Rotman International Journal of Pension Management in 2008. In 2011 he was appointed Academic Director of the Rotman-ICPM Board Effectiveness Program for Pension and Other Long-Horizon investment Institutions.

Keith has received many honours over the course of his professional career. They include four Graham & Dodd Awards from the Financial Analysts Journal and two Roger Murray Awards from the Q Group. In 2003 he was named ‘One of the 30 Most Influential People in Pensions’ by Pensions and Investments (P&I) in the USA. In 2007, he was honoured with the Outstanding Industry Contribution Award by Investments & Pensions Europe (IPE). In 2009, he received the CFA Institute’s James Vertin Award for contributions “of enduring value” in investment theory and practice. In 2010, he received EBRI’s Lillywhite Award for "outstanding lifetime contributions to Americans’ economic security". In 2011, he received the CFA Institute's Award for Professional Excellence for "exemplary achievement, excellence of practice, and true leadership." In 2013, he was named by aiCIO one of the globe’s "10 most influential academics in institutional investing" and in 2014, the globe's #1 "knowledge broker" in institutional investing.

He is cited regularly in such publications as The New York Times, The Wall Street Journal, The Economist, The Financail times, and The Globe&Mail. His editorials and articles have been published the Financial Analysts Journal, the Journal of Portfolio Management, the Rotman International Journal of Pension Management, and other professional journals. He has authored three critically acclaimed books, Pension Funds and the Bottom Line, (Dow Jones-Irwin 1986), Pension Fund Excellence - Creating Value for Stakeholders (with Don Ezra, John Wiley & Sons, 1998), and Pension Revolution:  A  Solution  for  the  Pensions  Crisis  (John  Wiley & Sons, 2007). His fourth book, The Future of Pension Management: Integrating Design, Governance and Investing will be released in April 2016.