Former BlackRock exec to lead AIMCo board

Mark Wiseman, a longtime trustee for the Alberta Investment Management Company (AIMCo) and seasoned pension fund executive, has been tapped to lead as chair of the board of directors for the $110 billion fund. The appointment is effected on July 1 and will mark the completion of current Chair Richard Bird’s second three-year term as a member of the AIMCo Board, which oversees assets for Alberta-based pension, endowment government and specialty fund clients. “I look forward to working with my fellow directors as AIMCo continues to serve its clients for the long term,” said Wiseman in a statement. “I, along with the members of the board and employees of AIMCo, would like to thank Richard for his service to the province during his two three-year terms. He has offered a steady and experienced hand in guiding the organization’s strong governance and investment decision making.” Wiseman was formerly president and CEO of Canadian Pension Plan Investment Board. He was also global head of active equities for BlackRock and chairman of BlackRock Alternative Investors, and also served as chair of the firm’s global investment committee and on its global executive committee. Prior to that Wiseman was responsible for the private equity fund and co-investment program at the Ontario Teachers’ Pension Plan. He was also a member of the Advisory Council on Economic Growth, which advised the Canadian Finance Minister on economic policies to achieve long-term sustainable growth.

Former BlackRock exec to lead AIMCo board

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