TransCanada Corp, Canada's No. 2 pipeline operator, said on Dec. 8 that Siim Vanaselja was appointed as chairman of the board.

Vanaselja succeeds Barry Jackson, who will retire after TransCanada's annual shareholders' meeting in 2017.

Jackson, who has been chairman since 2005, will continue to be a board member, subject to his re-election at the meeting.

Vanaselja, who was the CFO of BCE, Canada's largest telecommunications company, and Bell Canada, has been a TransCanada board member since May 2014. He is also the chairman of TransCanada's audit committee.