The board of directors for the Alberta Investment Management Corporation (AIMCo) has announced a significant leadership change, naming Ray Gilmour as the organization's new Chief Executive Officer. The announcement was made public on December 16, 2025.
A New Leader for a Major Investor
This executive appointment places Gilmour at the helm of one of Canada's most substantial institutional investment managers. AIMCo is responsible for managing a diverse portfolio of public and private market assets on behalf of its clients, which include numerous Alberta public sector pension plans, endowment funds, and government accounts. The selection of a new CEO is a pivotal decision that will guide the corporation's strategic direction and investment philosophy for the coming years.
Steering Through Evolving Markets
While the official announcement did not elaborate on Gilmour's immediate plans, his leadership will be critical as AIMCo navigates a complex global economic landscape. The corporation's performance directly impacts the financial futures of thousands of Albertans. Gilmour's experience and vision will be applied to managing investments across various sectors, including the energy industry, infrastructure, and technology, ensuring long-term, sustainable returns for clients.
Focus on Alberta's Financial Future
The appointment signals a new chapter for AIMCo. Stakeholders will be watching closely to see how Gilmour's approach aligns with both the financial goals of the province's public funds and the broader economic priorities of Alberta. Effective leadership at AIMCo is essential for capital stewardship and for supporting the province's economic resilience and growth through prudent, forward-looking investment strategies.
The board's decision underscores a commitment to strong governance and experienced management as AIMCo continues its mandate of safeguarding and growing the assets entrusted to it.
