AIMCo Announces New Appointments to Board of Directors
EDMONTON, March 18, 2014 /CNW/ - Alberta Investment Management Corporation (AIMCo) is pleased to announce the appointment of three new members to its Board of Directors - Mr. J. Richard Bird, Mr. John T. Ferguson, and Mr. Robert L. "Jay" Vivian Jr.. The official appointment follows the signing of the Order in Council on February 26, 2014 and further strengthens the leadership that governs AIMCo.
Of the new Directors, AIMCo Chair, A. Charles Baillie states, "The appointment of Messrs. Bird, Ferguson and Vivian adds significant acumen to the AIMCo Board. Governing the organization on strong commercial principles supports our clients in meeting their objectives and the addition of our new directors ensures we continue to deliver that mandate. On behalf of the Board of Directors, I look forward to welcoming our new members to the team."
J. Richard Bird is Executive Vice President, Chief Financial Officer and Corporate Development of Enbridge Inc., responsible for all financial affairs of the company and corporate planning, mergers, acquisitions and corporate development. Mr. Bird serves on the Board of Directors or Trustees of Enbridge Energy Partners L.P., Enbridge Pipelines Inc., Enbridge Gas Distribution Inc., Enbridge Income Fund Holdings Inc., Gaz Metro Inc. and Bird Construction Company Inc.. Mr. Bird was named Canada's CFO of the Year for 2010. He holds a Bachelor of Arts degree from the University of Manitoba, and a Masters of Business Administration and PhD from the University of Toronto.
John T. Ferguson is the Founder and Chairman of the Board of Princeton Developments Ltd. and Princeton Ventures Ltd.. He is also Chairman of the Board of Suncor Energy, Chairman of the Advisory Board of the Peter Lougheed Leadership Initiative, as well as, a Director of Fountain Tire Ltd., and Strategy Summit Ltd.. Mr. Ferguson is a Member of the Order of Canada and a Fellow of the Alberta Institute of Chartered Accountants and of the Institute of Corporate Directors. He holds a Bachelor of Commerce degree from the University of Alberta in 1964 and received his CA designation from the Institute of Chartered Accountants in 1967.
Robert L. "Jay" Vivian Jr. is the former Managing Director of the IBM Retirement Funds. Mr. Vivian is on the Board of Directors, Investment Committee, and Audit & Oversight Committee of ICMA-RC, and is the founding Chair of the Investment Committee of the Committee on Investment of Employee Benefit Assets. He is also on the Investment & Pension Subcommittee for the charity United Way Worldwide. He holds a Bachelor of Arts degree in Mathematics from Bowdoin College, a Masters of Business Administration from Harvard Business School, and a CFA® Charter from the CFA Institute.
About Alberta Investment Management Corporation (AIMCo)
AIMCo is one of Canada's largest and most diversified institutional investment managers. AIMCo was established on January 1, 2008 with a mandate to provide superior long-term investment results for its clients. AIMCo operates independently from the Government of Alberta and invests globally on behalf of 27 pension, endowment and government funds in the Province of Alberta, including the Alberta Heritage Savings Trust Fund. For more information about AIMCo, visit www.aimco.alberta.ca.
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