Message from Al Mondor, APS Corporate Board Chair

APS CEO Transition

March 28, 2017

Please be advised that Karen Adams, President & CEO of Alberta Pensions Services Corporation, has submitted her resignation. Karen’s new role is President & CEO of Fundserv, a Toronto based company in the mutual fund industry.

Karen will remain in her role at APS until June 23, 2017. A new President & CEO will be appointed in accordance with the protocol set out by our trustee, the President of Alberta Treasury Board & Minister of Finance.

Karen’s leadership has been instrumental in APS’ achievement of its strategic plan over the past five years. She has led APS through a significant transition which included not only the successful delivery of a major, multi-year technology project, but also a positive change in the culture of the organization. Karen has instilled in APS a focus on clients and investment in talent which I feel has propelled APS to best in class in the pension administration industry across Canada.

Please join me in thanking Karen for her dedication and contribution to APS and wishing her all the very best with her new role with Fundserv.