AIMCo appoints former Pyramis CEO Kevin Uebelein as new CEO
Alberta Investment Management Corporation (AIMCo) has appointed Kevin Uebelein as its new CEO, effective January 5, 2015.
Uebelein will succeed Dr. Leo de Bever, AIMCo’s first Chief Executive Officer, who led AIMCo from its establishment in 2008.
Uebelein has previously served as President & CEO of Pyramis Global Advisors, the institutionally-focused asset management unit of Fidelity Investments, and Global Head of Investment Solutions at Fidelity Investments. Prior to joining Fidelity in 2008, Uebelein held senior positions with Prudential Financial Inc., including Head of Alternative Investments, and culminating as Chief Investment Officer for Japan, and then International operations.
Uebelein, CFA, holds a Bachelor of Accounting degree from Harding University, an MBA from Rice University.
“The appointment of Mr. Uebelein as Chief Executive Officer marks the successful conclusion of a comprehensive, diligent process to identify the individual best suited to lead AIMCo through its next phase of organizational maturity. Kevin brings exceptional talent, investment acumen and a strong client orientation to the organization. We look forward to working with him in this exciting new chapter for AIMCo,” said Charles Baillie, Chair, AIMCo Board of Directors.
“AIMCo is a recognized global leader in investment management, and I am excited to have the opportunity to work with this team. I am wholly committed to delivering on our mandate of superior risk-adjusted returns for our clients, and doing so within an environment of strong client engagement and excellent organizational health,” commented Uebelein. “I am looking forward to my relocation to Edmonton in January and to experiencing all that Alberta has to offer.”
“On behalf of the AIMCo Board of Directors, I want to sincerely thank Leo for his unwavering commitment to building an organization that rivals the most accomplished of institutional investors. Leo will be with AIMCo until December 31, 2014 and will assist with our transition initiatives,” added Baillie. “Leo’s passion for investments is undeniable and he has built a legacy of which all Albertans can be proud. We wish him continued success and good health in the future.”