AIMCo

Matters for Discussion

Candidate Requirements

1

Collaborate and
Align Strategy

2

Serve as
Central Liaison

3

Oversee IM Projects

4

Communications

5

Represent the CIO

6

Enhance CIO Team Management

7

Spearhead Business
Transformation

Candidate Qualifications

A degree in management, finance or related field, or equivalent experience. MBA and/or CFA an asset.

  • FCPA (Fellow) and ICD.d

10+ years’ experience in the investment or financial industry, advising/working with large global organizations, with an understanding of AIMCO’s divisional functions and key stakeholders.

  • Ten years as CFO at BCI and WSIB and immediately past three years consulting to peers (SimCorp implementation and setting up private market pools).

  • Understand AIMCo’s asset classes, Maple model, investment structures (pools/segregated assets).

  • Understanding of long-dated liabilities and impact on asset mix.

  • CFO of BCI for four years while FTE grew from 180 to 550 and costs doubled to support implementation of “Maple 8” model.

  • CFO of WSIB for six years while business was transformed from annual cash losses of $1B annually to cash profits exceeding $1.5B annually and was co-sponsor of a three year $300M technology transformation.

  • Developed KPIs at BCI and WSIB to support multi-year investment strategy (internalizing, foreign, privates).

  • Built out valuations capability (people, policies, committee) to support new investment strategy.

  • Built out performance measurement capability (2x staff, leadership) for total portfolio management and alternatives.

  • Built out change management program to support new systems.

  • Built out Project Management Office to enable CFO to prioritize time and effort.

Experience or strong potential in a strategic leadership role with demonstrated ability to collaborate with and influence various levels of leadership (internal and external stakeholders) within a complex and evolving global environment with organizational, cultural, and political sensitivity.

  • 15+ years of C Suite experience in large complex businesses, all undergoing significant transformation activities.

  • Lead organizational representative for presenting business plans and funding requirements to clients, government, Ministry of Finance and Auditor General.

  • Led funding discussions on behalf of the WSIB over a two-year period with diverse and often combative stakeholders resulting in the elimination of a $30B deficit in ten years.

Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity and collaboration, and inspires the same in others.

  • Have recruited, mentored, and led various departments throughout my career displaying the above characteristics.

  • Committed to EDI principles and have mentored several staff to assume leadership roles.

Some Questions?

Investments

Is there a business process for introducing new investment products and how effective is it?

  • Is AIMCo or the client responsible for asset allocation and funding strategy?

  • How is liquidity managed (i.e., top of the house or on a divisional basis)?

Clients

  • What client challenges do you see and how are you approaching them?

Change Management

  • How are CIO initiatives being gated and managed presently?

  • How mature is the organizational and front office target operating model?

  • How is change management being delivered (central or decentralized) and how successful is it?