AIMCo APPOINTS FOUR NEW SENIOR STAFF MEMBERS

Alberta Investment Management Corporation Builds Leadership Team

EDMONTON, Dec. 14 /CNW/ - Alberta Investment Management Corporation (AIMCo) is pleased to announce the newest members of its senior team. The crown corporation, one of Canada's largest investment management firms, bolsters the ranks of its executive team with the addition of A.J. (Pine) Pienaar as Senior Vice President of Client Relations; Michael Baker as Senior Vice President Operations; Robert Mah as Senior Vice President of Infrastructure and Timber Investments; and Jean David Tremblay-Frenette as Vice President Global Tactical Asset Allocation.

Of the new hires, AIMCo CEO Leo de Bever says, "The impressive and diverse backgrounds that these individuals bring to the table will add a great deal of value to AIMCo's corporate culture. They each have senior expertise in industries central to AIMCo's strategic direction."

Robert Mah leads a team of investment professionals responsible for managing direct and indirect infrastructure and timber investments with a global mandate. A seasoned professional with broad industry experience, Mah was most recently Managing Director at Scotia Capital, responsible for Investment Banking and, prior to that, Mergers & Acquisitions.  Tremblay-Frenette leads a team responsible for the strategic allocation of client assets to capitalize on anticipated movements in financial markets. He was formerly Chief Analyst, Strategy and Corporate Development with the National Bank of Canada and prior to that spent nearly ten years with Caisse de dépôt et placement du Québec.

Responsible for building and strengthening client relationships at AIMCo, Pine Pienaar was previously President and CEO of JP Morgan Asset Management (Canada). Pienaar led all aspects of Canadian operations building a client-focused organization that greatly increased the firm's assets under management from $500 million to nearly $14 billion. Baker assumes oversight for investment operations, investment administration and new operations initiatives and technology at AIMCo.  He brings to AIMCo 10 years of experience as Executive Vice President Retail Financial Services at ATB Financial where he managed over 3,000 individuals across all retail branches and prior to that nearly nineteen years with TD Canada Trust. 

For more information please visit www.aimco.alberta.ca.

About Alberta Investment Management Corporation

As one of Canada's largest investment management firms, AIMCo operates independently from the Government of Alberta. AIMCo was established on January 1, 2008 with a clear mandate to provide superior long-term investment results for its clients. AIMCo is responsible for managing the investments of the Government of Alberta and public sector pension plans. Total assets under management are $70 billion, including the Alberta Heritage Savings Trust Fund. For more information about AIMCo, visit www.aimco.alberta.ca.

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