The AIMCo Board Of Directors
In accordance with the Alberta Investment Management Corporation Act, the Board of Directors is responsible for overseeing the management of the business and affairs of AIMCo. Guided by this mandate, the Board sets the strategic direction of the Corporation and oversees the development and implementation of policies and procedures that govern the day-to-day conduct of AIMCo’s business. All directors are duly appointed to the Board by the Lieutenant Governor in Council and must have experience in investment management, finance, accounting or law, or have served as an executive or director with a large, publicly traded company. Individuals should also have, to the extent practicable, experience in executive management of a substantial corporation. All directors are fully independent of management.
Directors are required by statute to act honestly and in good faith with a view to the best interests of the Corporation and, as such, are required to exercise due care, diligence and skill, and manage risk appropriately in their oversight of AIMCo.
Mandate & Roles
AIMCo’s Mandate and Roles Document (MRD) fulfills the obligation that all agencies have clearly articulated roles and responsibilities, as required per Alberta’s Public Agencies Governance Framework.
Committees
The Board of Directors has five standing committees — Audit, Enterprise Risk, Governance, Human Resources & Compensation, and Investment.
Experience, Skills & Diversity
Director appointments are made with the intention of creating a board comprised of individuals who, in the aggregate, have the full range of proven skills, knowledge and experience necessary to effectively oversee AIMCo in achieving its objectives. The Board has a policy objective to achieve gender parity, consistent with the Board’s commitment to gender diversity and greater representation of qualified women on boards, in alignment with the aims of robust board governance.
Code of Conduct & Ethical Standards
AIMCo has adopted a Code of Conduct and Ethical Standards which contains principles and guidelines for ethical behaviour at AIMCo. The Code applies to all AIMCo employees, including executive officers, and AIMCo's Board of Directors. Compliance with the Code is a condition of employment with AIMCo.
Confidential Reporting
In accordance with governance best practices, the Confidential Reporting policy and the accompanying reporting service provide all AIMCo employees, service providers and clients with the ability to confidently report any failure to comply with the Code of Conduct and Ethical Standards.
Confidential Reporting Hotline:
North America 1-866-872-5107
London 0330 808 4790
Luxembourg 800 22 989
Singapore 800 492 2394