The Alberta government has named a list of directors to oversee the management of the province’s savings, public sector pensions and endowments.
Six directors were appointed to the board for the Alberta Investment Management Corp., which will be established in early 2008.
The board of directors will be responsible for supervising the corporation, appointing a chief executive officer, establishing bylaws and approving the corporation’s financial statements.
The directors, who will serve three-year terms, are:
- Clive Beddoe, chairman and former CEO, WestJet Airlines Ltd;
- Daryl Katz, chairman and CEO, Katz Group;
- Andrea Rosen, former vice chair, TD Financial Group, and former president, TD Canada Trust;
- David Bissett, former chair, Bissett and Associates Investment Management Ltd;
- Frank Layton, partner, Bennett Jones LLP; and
- Mac Van Wielingen, founder, co-chair and director, ARC Financial Corporation.
Charles Baillie, former TD Bank Financial Group chair, and George Gosbee, CEO and president of Tristone Capital Inc, were appointed as chair and vice chair of Alberta Investment Management Corp. in August.
“These people reflect a wide range of expertise with far reaching backgrounds,” said Finance minister, Lyle Oberg. “Establishing this world-class board is the next step in creating an investment centre of excellence here in Alberta.”