October 2, 2022

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Bob Dhillon Appointed to the Alberta Investment Administration Company Board

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EDMONTON, AB, Sept. 16, 2022 /PRNewswire/ – Today, the Chair of Alberta Investment decision Administration Company (AIMCo), is pleased to announce the appointment of Bob Dhillon to the Board, effective October 1, 2022.

“We are really delighted to welcome Bob Dhillon as an AIMCo Board member,” explained Mark Wiseman, Chairperson of AIMCo. “He shares our eyesight of offering sustainable long-expression performance to AIMCo’s shoppers as a result of scale, sophisicated investment decision abilities, and audio company governance. His working experience and management will be a important compliment to our seasoned Board.”

Primarily based in Calgary Alberta, Mr. Dhillon is an seasoned senior government with an considerable occupation in the actual estate and monetary products and services industries. As President & CEO of Mainstreet Fairness Corp (MEQ), he has put in 22 many years providing regular calendar year-over-calendar year, double digit returns by means of ongoing natural and organic advancement to MEQ investors. Mr. Dhillon is also the owner of Countrywide Payments, a Visa and MasterCard permitted merchant-processing company in the economical services sector.

In addition, Mr. Dhillon was appointed as Officer of the Order of Canada in 2021 for his achievements in business enterprise and for his motivation to philanthropy and larger education, awarded the Queen Elizabeth II Diamond Jubilee Medal, 2012 for his dedication and accomplishments in his operate and community, and has been the Honorary Consul Normal of Belize for Canada considering that 1999.

He retains a Grasp of Small business Administration from the College of Western Ontario, an Honorary Doctorate of Regulations from the University of Lethbridge, 2019, and an Honorary Doctorate of Commerce from Lakehead University, 2017.

The two Mr. Roger Renaud and Dr. Kenneth Kroner have been reappointed to the board pursuing their term expiry. The appointment of Mr. Bob Dhillon fills the vacancy remaining by Mr. Bob Kelly who will be leaving the board helpful September 30, 2022.

“On behalf of the Board of Administrators, I want to prolong our sincerest gratitude to Bob Kelly for his dedication to AIMCo.” included Mark Wiseman. “His contributions in the course of his tenure have ensured AIMCo’s ongoing evolution in the direction of excellence serves the ideal passions of our clients, and of all Albertans.”

In accordance with the Alberta Expense Management Company Act, the Board of Directors is liable for overseeing the administration of the business and affairs of AIMCo. Guided by this mandate, the Board sets the strategic way of the Company and oversees the enhancement and implementation of procedures and procedures that govern the working day-to-day conduct of AIMCo’s business enterprise. All administrators are appointed to the Board by the Lieutenant Governor in Council and are fully impartial of administration.

ABOUT ALBERTA Investment Management Corporation

AIMCo is one particular of Canada’s largest and most diversified institutional investment decision professionals with far more than $160 billion of belongings under management. AIMCo was set up on January 1, 2008 with a mandate to present superior extended-term expense results for its customers. AIMCo operates at arms-length from the Federal government of Alberta and invests globally on behalf of 32 pension, endowment and government resources in the Province of Alberta. For a lot more information about AIMCo please go to www.aimco.ca or abide by us on LinkedIn or Twitter.

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