GBC Asset Management Inc. today announced the appointment of Libby Dawson as president and director of the firm.

Dawson joined GBC as vp in 2006. In her new role, she is responsible for continuing to strengthen GBC’s position as a leading destination for the long-term growth investor and for supporting the firm’s priority on serving clients.

She brings 15 years of financial services experience to her position, most recently as senior vp with a major investment management company.

Dawson is a CFA charter holder, a graduate of Yale University and earned an MA from Johns Hopkins SAIS and an MBA from INSEAD.

“The appointment of Libby Dawson is a continuation of almost 20 years of focus on long-term growth investing and client service,” says Jeffrey Tory, chairman of GBC Asset Management. “As president, she will support the efforts of our dedicated portfolio managers and client service representatives as they develop the firm’s relationships with a select group of investors looking for above average long-term returns.”

GBC Asset Management offers six investment portfolios. The GBC North American Growth Fund, The GBC Canadian Growth Fund and The GBC International Growth Fund invest primarily in the equity of high-growth companies run by entrepreneurs who are substantial owners. All three equity funds have superior long-term performance as at May 31, 2007. The firm also offers a balanced fund, The GBC Growth and Income Fund, as well as The GBC Canadian Bond Fund and The GBC Money Market Fund.

Founded in 1988, GBC Asset Management Inc. is the private client division of Pembroke Management Ltd. GBC is owned by its employees and by Pembroke, and has approximately $950 million in assets under management.