{
Nate Horner

People

}
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001122334455554433221100

Stephen Harper appointed chair of AIMCo to boost Heritage Savings Fund

The Alberta government has appointed former Prime Minister Stephen Harper as chair of the Alberta Investment Management Corporation (AIMCo), tasking him with growing the Heritage Savings Trust Fund to over C$250 billion in 25 years. This follows a leadership shake-up that included the dismissal of AIMCo's board and CEO due to rising costs without improved returns. Harper's appointment is seen as a move to enhance governance, with some previously dismissed board members reinstated for continuity.
Institutional Investor
Canadian Dollar Apple Inc. AIMCo CAN Bob Singh Dhillon Keith Ambachtsheer James Keohane Nate Horner Kevin Uebelein Evan Siddall Marlene Puffer Danielle Smith Jason Montemurro Stephen Harper Show more
Finance & Economy, News Article
15:27 21.11.2024

alberta government dismisses aimco board over performance and costs

The Alberta government has dismissed the entire board of Alberta Investment Management Corp. (Aimco) due to rising compensation and staffing costs without delivering satisfactory returns. Finance Minister Nate Horner will serve as the interim chairman and sole director as the province seeks to reform the firm, which manages approximately C$161 billion ($116 billion) in public pension and government funds.
bloomberg.com
Canadian Dollar Alberta Investment Management Corporation CAN Nate Horner
Finance & Economy, News Article
22:39 07.11.2024
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