Autopista Central is a six-lane highway that runs through the heart of Santiago, Chile.
Alberta Investment Management Corp.(AIMCo) is losing an executive who manages over one-third of its $70-billion portfolio.
Brian Gibson, the senior vice-president of public equities, will be leaving the Crown corporation in late June. He has been with AIMCo ever since 2008, when Leo de Bever was made CEO and began to guide the company through privatization. Over the past nearly four years, Mr. Gibson has been responsible for the equities and hedge funds at AIMCo, managing about 20 people and approximately $25-billion worth of investments.
"It was a difficult decision to make because I was one of the first people hired here and I've always been really committed to the success of AIMCo," Mr. Gibson said in an interview. AIMCo maintained its profitability while competitors struggled through the recession and Gibson says this is one of the things he's most proud of in his time with the firm.
Before his move to AIMCo, Mr. Gibson worked with Mr. de Bever as head of equities at the Ontario Teachers' Pension Plan, where in eight years he took a portfolio from $5-billion to $33-billion.
The search for Mr. Gibson's replacement has begun, but he says he is not involved in selecting the candidate and hasn't yet been asked for his opinion on any candidates.
When he concludes his work, Mr. Gibson intends to relax on his boat in British Columbia for a month or so, and then take time attend to some family issues.