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Pension Funds

Alberta Pensions Services selects new president, CEO

Darwin Bozek was named president and CEO of Alberta Pensions Services Corp., effective Aug. 21, the corporation announced in a news release.

He will replace Vladimir Ahmad, chief operating officer and interim president and CEO. Mr. Ahmed took over for Karen Adams, who left APSC to become CEO of Fundserv, a mutual fund trade reconciliation and settlements firm, on June 26, according to the Fundserv website.

Mr. Bozek is senior assistant deputy minister of the Alberta Treasury Board and Finance.

APSC administers seven public provincial plans, including the province's four largest public plans: the C$39 billion ($31.1 billion) Local Authorities Pension Plan, C$11.9 billion Public Service Pension Plan, C$4.8 billion Management Employees Pension Plan and the C$2.6 billion Special Forces Pension Plan, all of Edmonton. The C$95.7 billion Alberta Investment Management Corp., Edmonton, manages the plans' investments.

Officials at APSC did not respond to a request for further information.