The board of Infrastructure Ontario (IO) has promoted an executive from within to head the leading Canadian P3 agency. Ehren Cory, president of IO’s project delivery division, was appointed president and CEO in February. He joined IO in 2012 as executive vice-president of transaction structuring. Before that, he was a partner at McKinsey & Company. Cory replaced Bert Clark, who left in November to head a new public-sector investment manager, the Investment Management Corporation of Ontario.