AIMCo Announces New Appointment to Board of Directors

EDMONTON, May 12, 2016 /CNW/ - Alberta Investment Management Corporation (AIMCo) is pleased to announce the appointment of C. James (Jim) Prieur to its Board of Directors, effective July 1, 2016.  The official appointment follows the signing of the Order in Council by the Lieutenant Governor of Alberta.

On behalf of the Board of Directors, AIMCo Chair, Mac Van Wielingen states, "We are very pleased with the recent appointment of Mr. Prieur to the AIMCo Board of Directors.  Mr. Prieur is an accomplished finance executive who brings extensive experience to the Board.  I, and my colleagues, look forward to welcoming Jim, and to working together to build upon AIMCo's commitment to our clients, and to continue to advance ourselves as a leading institutional investment manager." 

Biographical Notes

C. James Prieur is a former Chief Executive Officer of CNO Financial Group, Inc. and has over 30 years of finance, investment management, risk management, and international business experience. Mr. Prieur served as Chief Executive Officer and director of CNO Financial Group, Inc. from 2006 until his retirement in 2011. CNO Financial Group is a life insurance holding company focused on the senior middle income market in the U.S.  Prior to joining CNO Financial Group, Mr. Prieur had been with Sun Life Financial since 1979. He began his career at Sun Life Financial in Investments, and in 1997 he was named Senior Vice President and General Manager for U.S. operations, and became corporate President and Chief Operating Officer in 1999, a position Mr. Prieur occupied until he left Sun Life Financial to join CNO Financial Group. While at Sun Life Financial, Mr. Prieur managed multiple lines of business, including life, annuities, and health products in the United States, Canada, the United Kingdom and Asia. 

He serves on the Board of Directors of Manulife Financial Corporation and Ambac Financial Group, Inc., as well as, the not-for-profit Music of the Baroque.  In addition, he is a member of the President's Circle of the Chicago Council on Global Affairs, and The Pacific Council on International Policy.

Mr. Prieur is a Chartered Financial Analyst and holds an MBA from the Richard Ivey School at Western University and a Bachelor of Arts from the Royal Military College of Canada.

About Alberta Investment Management Corporation (AIMCo)

AIMCo is one of Canada's largest and most diversified institutional investment managers with more than $90 billion of assets under management. Established on January 1, 2008, AIMCo's mandate is to provide superior long-term investment results for its clients. AIMCo operates at arms-length from the Government of Alberta and invests globally on behalf of 26 pension, endowment and government funds in the Province of Alberta.

For more information, please visit www.aimco.alberta.ca.

SOURCE Alberta Investment Management Corp.

Media Contact: Dénes Németh, Director, Corporate Communication, O: 780-392-3857, M: 780-932-4013, E: [email protected]