InBC Investment Corp, the BC government’s new crown agency and $500 million strategic investment fund, today announced its nine-member board of directors. Christine Bergeron, president and chief executive officer of Vancity, will serve as the organization’s board chair.
Read the article for the full 9 member board.
Now the real work begins, of hiring a CEO and Chief Investment Officer.
What is InBC? It’s a special kind of invest in BC fund, here’s more from the end of the article:
InBC is modelled after strategic investment funds in other jurisdictions including the Ireland Strategic Investment Fund, Danish Investment Fund, and the Scottish National Investment Bank.
On LinkedIn, the author William Johnson asked:
$500 million in taxpayer funds are in the hands of these people. Thoughts?