Reported 16 days ago
Alberta has named Ray Gilmour as the interim CEO of its public pension fund manager, Alberta Investment Management Corp (Aimco), following the surprising dismissal of its entire board and CEO. This move comes as the provincial government aims to cut costs and expand its sovereign wealth fund significantly. The government plans to restore trust in Aimco, which has faced criticism for rising operational costs despite underwhelming financial returns.
Source: YAHOO