AIMCo appoints Chief Risk Officer


Suzanne Akers will join Alberta Investment Management Corp. as Chief Risk Officer, effective April 19.

She was also named the company’s chief compliance officer, according to a press release Wednesday.

As Chief Risk Officer, Ms. Akers succeeds Andrew Tambon, who retired in December. Ms. Akers will be responsible for leading AIMCo’s “investment risk management and investment risk analysis functions, ensuring that the pursuit of each client’s investment objectives is aligned with their appetite for risk,” the press release read.

Denes Nemeth, a spokesperson for AIMCo, said Colleen Cebuliak was most recently the company’s Chief Compliance Officer and that the position “has been filled on an interim basis within the past year”.

As Chief Compliance Officer, Ms. Akers will oversee AIMCo’s compliance function, “ensuring full integration of all of AIMCo’s risk functions,” the statement said.

Ms Akers will report to the CEO Evan Siddalland she will be a member of the AIMCo Executive Committee.

Mr Siddall said in the statement that Ms Akers is someone with “a proven track record in assessing and balancing risk as well as a proven track record in investing”.

Ms. Akers was co-head of Franklin Templeton’s investment risk management group, responsible for global equity, balanced and fixed income strategies. A spokeswoman for Franklin Templeton said in an email that Ms. Akers will leave the company on April 8 and that Benjamin Seidlich “will move from co-head to single head of investment risk management, overseeing investment risk management for all specialist investment managers across the firm.”

AIMCo had more than C$160 billion ($126 billion) in assets under management as of February 28.


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