Alberta Investment Management Corporation appoints new CIO

Dale MacMaster will be promoted from the public markets investment team

Dale MacMaster has been appointed to the chief investment officer role at the Alberta Investment Management company, according to a statement.

MacMaster replaces Leo de Bever, who retired as CIO and CEO in December. Kevin Uebelein came on board as CEO, and will share de Bever’s responsibilities with MacMaster.

MacMaster will report directly to Uebelein going forward.

MacMaster was previously the executive vice president of public markets investments. In this role, MacMaster assumes responsibility $80 billion in assets under management, spread across the 27 clients of AIMCo. He will also maintain his responsibilities from the public markets investment team.

AIMCo operates independently from the Government of Alberta and invests globally on behalf of 27 pension, endowment and government funds in the Province of Alberta, including the Alberta Heritage Savings Trust Fund.