AIMCo Promotes Justin Lord to Chief Investment Officer, Reorganizes Investment Mandate

Alberta Investment Management Corp. has promoted Justin Lord to chief investment officer, effective immediately. Lord, who was previously global head of public markets, will oversee AIMCo's $180-billion portfolio and lead a revamped investing mandate. He joined AIMCo in 2012 as an equities portfolio manager and rose through the equities team before taking on leadership of fixed-income investing. Lord's appointment follows an extensive international search and aims to strengthen AIMCo's leadership team.

Alberta Investment Management Corp. (AIMCo) has appointed Justin Lord as its new Chief Investment Officer (CIO), effective immediately. Lord, who previously served as global head of public markets, will oversee AIMCo's $180-billion portfolio and lead a revamped investing mandate. He joined AIMCo in 2012 as an equities portfolio manager and rose through the ranks to take on leadership of fixed-income investing [1].

Lord's appointment follows an extensive international search and aims to strengthen AIMCo's leadership team. The government-owned pension fund manager said Lord's promotion reflects his experience, expertise, and investment acumen. He is a trusted partner to AIMCo's clients and an excellent leader to its investment teams [1].

Lord will be based in Alberta and will oversee the full AIMCo portfolio, which manages funds for 17 pension, endowment, insurance, and government clients in the province. His appointment comes after AIMCo's senior leadership and board underwent a significant overhaul in November 2024 [1].

In an interview, Lord noted that AIMCo's investment operations have evolved in recent years, particularly in the last year. He expects AIMCo to remain risk and return-focused and location-agnostic in its investment decisions. With political and trade tensions top of mind, AIMCo could have new opportunities to invest domestically, particularly in infrastructure, energy projects, and defense [1].

Lord brings 20 years of experience to this role, having previously worked at the New Brunswick Investment Management Corporation. He holds a BBA with a major in Finance from the University of New Brunswick and is a CFA Charterholder [3].

AIMCo's interim CEO, Ray Gilmour, praised Lord's appointment, stating that he is pleased AIMCo has the deep bench strength to tap for this role. Gilmour added that Lord's experience and expertise make him well-suited to lead AIMCo's investment teams [1].

References:
[1] https://www.theglobeandmail.com/business/article-aimco-justin-lord-chief-investment-officer/
[2] https://www.fintechfutures.com/venture-capital-funding/fixed-income-fintech-moment-raises-36m-series-b
[3] https://finance.yahoo.com/news/aimco-appoints-justin-lord-chief-180000035.html