Mon Sep 23 21:26:53 UTC 2024: ## Alberta Investment Management Corp. Loses Chief Investment Officer After Less Than Two Years
**Edmonton, AB** – Marlene Puffer, the seasoned pension and investment executive who joined Alberta Investment Management Corp. (AIMCo) as Chief Investment Officer in 2021, has left the company after less than two years.
Puffer’s departure comes as a surprise, as she was brought in to lead AIMCo’s investment strategy and oversee a portfolio worth billions of dollars. While the company has not disclosed the reason for her departure, they have stated that she is not being directly replaced. Instead, two internal executives, who have not been named, will be promoted to share responsibility for overseeing AIMCo’s investment portfolio.
AIMCo manages the investments of various public sector pension plans and government entities in Alberta, including the Alberta Teachers’ Retirement Fund and the Municipal Government of Edmonton.
This unexpected leadership change at AIMCo raises questions about the future direction of the company’s investment strategy. The company has yet to provide details about the specific roles and responsibilities of the two promoted executives, nor have they offered any insights into the search for a new Chief Investment Officer.
It remains to be seen how this shift in leadership will impact AIMCo’s performance and the future of its investment strategy.
First Piper 