Leo de Bever is returning to Canada to become the first chief executive of the Alberta Investment Management Corporation in August.
“I am excited by the opportunity to come in at the beginning of a new public investment corporation,” says de Bever.
De Bever is currently chief investment officer of Victorian Funds Management Corporation, one of Australia’s largest public sector pension funds with $35 billion in assets.
Before leaving for Australia in 2006, he was the executive vice-president of Manulife Financial. He has also worked for the Ontario Teachers’ Pension Plan, Nomura Canada, Crown Life, Chase Econometrics, and the Bank of Canada.
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AIMCo’s board selected de Bever after an exhaustive search assisted by a leading globalexecutive search firm.
AIMCo was established as a provincial corporation on Jan. 1, 2008 and is responsible for managing the investments of the Government of Alberta and public sector pension plans. Total assets under management are $75 billion, including the Alberta Heritage Savings Trust Fund.
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