Brookfield Asset Management announced the appointment of Bruce Flatt as Chair of its Board of Directors, in addition to his existing role as Chief Executive Officer. This change follows the resignation of Mark Carney, who announced his candidacy for the leadership of the Liberal Party of Canada.
Mr. Flatt acknowledged Mark Carney's contributions over nearly five years, particularly in establishing Brookfield as a leading private capital investor in the energy transition. Connor Teskey, President of Brookfield Asset Management, will continue to steer the firm's transition investing activities.
This leadership change consolidates the top executive and board roles under Bruce Flatt. The company emphasizes its deep bench of experienced investment and operating professionals will continue to drive its world-leading transition investing activities.
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