Infrastructure Ontario announces new CEO

TORONTO, July 20, 2012 /CNW/ - Bert Clark has been appointed President and Chief Executive Officer of Infrastructure Ontario and nominated to be a member of the agency's Board of Directors. Clark's appointment as President and CEO is effective August 7, 2012.

For the past four years, Clark was Managing Director of Scotia Capital's Global Infrastructure Finance Group. Before joining Scotiabank, he was Senior Vice President of Projects for Infrastructure Ontario, where he established procurement practices to ensure the agency's on-time, on-budget delivery of public infrastructure projects.

From 2003 to 2005, Clark was Senior Policy Advisor to the Premier of Ontario and helped lead the establishment of Ontario's first long-term infrastructure investment plan. Prior to 2003, he spent five years at Toronto law firm Osler, Hoskin & Harcourt LLP.

Infrastructure Ontario is a Crown corporation dedicated to delivering some of the province's larger and more complex infrastructure renewal projects, on time and on budget. It also manages one of the largest real estate portfolios in Canada, offers real estate services, such as asset management and property and land management, and provides the public sector and not-for-profit organizations with long-term financing to renew public infrastructure.

Since 2005, Infrastructure Ontario has brought more than 50 provincial alternative financing and procurement projects to the market, worth more than $21 billion in capital construction, including hospitals, jails, courthouses, roads and information technology projects.

Visit www.infrastructureontario.ca for more information.

Quotes

Tony Ross, Chair, Board of Directors, Infrastructure Ontario

"For the past decade, Mr. Clark has been a champion and architect of public infrastructure renewal through public-private partnerships. The expertise and experience he brings to his new role will ensure that Infrastructure Ontario continues to be a leader in delivering public infrastructure."

Disponible en français

SOURCE Infrastructure Ontario

For further information:

Tom Boreskie
Infrastructure Ontario
(416) 212-6447


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