Kevin Uebelein was named CEO of the C$76 billion (US$70 billion) Alberta Investment Management Corp., effective Jan. 5, said Denes Nemeth, AIMCo spokesman.
Mr. Uebelein will replace Leo de Bever, who has been CEO at AIMCo since it was created in 2008. Mr. de Bever announced earlier this year he would retire as CEO but did not set a date to leave. He will remain at AIMCo until Dec. 31.
Mr. Uebelein was president and CEO of Pyramis Global Advisors, the institutional money management business of Fidelity Investments. He left the firm in 2013 and was replaced by Michael A. Jones as president and CEO. Mr. Jones himself is leaving Pyramis at the end of this year and will be replaced by Jeffrey Lagarce, who leads the institutional business at Fidelity Worldwide Investment in London for the U.K., Europe, Asia and the Middle East.
It could not be learned where Mr. Uebelein worked after he left Pyramis. Efforts to reach Mr. Uebelein were unsuccessful.
AIMCo manages provincial pension and other assets.
