Canadian fund manager AIMCo looks to replace retiring CEO: Reuters

Alberta Investment Management Corp (AIMCo), one of Canada's largest pension funds, said on Friday that it has begun searching for a replacement for Chief Executive Officer Leo de Bever, who is retiring, Reuters reported. AIMCo, which manages about $70 billion of government and retirement funds from Alberta public servants, said it will take as long as necessary to replace de Bever, who has been CEO since April 2008. De Bever will stay on the job until his successor is found.

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