CANADA - The Alberta Investment Management Corporation (AIMCo) board has appointed Leo de Bever as CEO.
The board said it selected de Bever after an exhaustive search and he would join AIMCo in August.
AIMCo was established as a provincial corporation on 1 January 2008 and is responsible for managing the investments of the Government of Alberta and public sector pension plans.
Its total assets under management were most recently reported as C$75bn (US$73.9bn).
Prior to joining Victorian Funds Management Corporation in 2006, de Bever spent two years as executive vice president of global investment management with Manulife Financial, a leading Canadian based insurer.
Dutch born De Bever previously served ten years as senior vice-president of research and economics for the Ontario Teachers' Pension Plan, with responsibility for long term investment strategy, risk management and real assets including infrastructure, timberland and commodities.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers