The province says the move comes 'after years of AIMCo consistently failing to meet its mandated benchmark returns.' For now, ...
This is also the third board to be fired in its entirety by the UCP government, following Smith’s firing of the Alberta ...
Ray Gilmour, the province’s top deputy minister and secretary to cabinet, will take over as head of the pension fund, sources ...
The Alberta government on Thursday removed the entire board of the (AIMCo), citing years of failing to meet mandated ...
The United Conservative Party government, under former premier Jason Kenney, passed a bill in 2019 requiring the Alberta ...
The provincial government of Alberta, Canada, has terminated the entire board of the C$168.9 billion ($124.5 billion) Alberta ...
EDMONTON – Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta ...
Finance Minister Nate Horner said the reason is poor performance, with rising staffing and management fees coupled with a consistent failure to meet mandated benchmark returns.
The news release said Alberta’s government plans to appoint a new board chair within 30 days. In the interim, Horner has been ...
Calgary Herald on MSN21h
'A major reset': Alberta government dismisses AIMCo board and CEO, citing underperformanceThe public pension fund manager has averaged 7.62 per cent annual returns ... Kroner had previously been chair of AIMCo’s ...
AIMCo is the Crown corporation that manages pension and other funds for the province and handles more than ... U.K. It said ...
Alberta’s government named a long-serving bureaucrat as interim chief executive officer of the province’s pension fund manager following Thursday’s shock firing of the entire board.Most Read from ...
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