The Alberta Investment Management Corp. is appointing David Scudellari as senior executive managing director and head of international investment.
In the new role, he’ll act as vice-chair of the AIMCo’s investment committee and will oversee several key investment functions, including international expansion, credit and private debt and management of key external relationships.
Schudellari joins the AIMCo after seven years at the Public Sector Pension Investment Board where, as a member of the executive committee, he’s credited with: opening the New York office; building a global credit business with net assets under management of $21.9 billion as at Mar. 31, 2022; and holding the role of interim chief financial officer before being named global head of credit investments and private equity.
Prior to his time at PSP Investments, he held leadership roles at Barclays and Goldman Sachs, including as global head of finance and risk for Canada at Barclays in New York. He also spent two years in Calgary, where he was senior vice-president and chief financial officer at North West Upgrading Inc. and was a board member at Teine Energy Ltd.
“[Schudellari] is a highly experienced investor with exceptional international perspective and a consistent track record of performance, having built a leading credit investment business at PSP,” said Evan Siddall, the AIMCo’s chief executive officer, in a press release. “His skills will be hugely beneficial to AIMCo as we continue to grow our global footprint to extract maximum value for our clients.
“In addition to leading our global expansion and third-party relationships, [Schudellari] will play a critical role in investment leadership development and succession planning at AIMCo so that we can boost organizational opportunities for our employees.”