Type Full Time
Location Alberta, Canada
Company Alberta Indigenous Opportunities Corporation -
Alberta Indigenous Opportunities Corporation (AIOC) is seeking applications for the position of Chief Executive Officer (CEO).
About the Corporation
The Alberta Indigenous Opportunities Corporation (AIOC) was created to enable greater Indigenous community investment in medium to large-scale natural resource projects that benefit Indigenous communities and the Alberta economy. Many Indigenous communities see sustainable resource development as a key to their prosperity, however, barriers such as access to capital continue to impede their participation. The AIOC bridges the gap between Indigenous groups wanting to be commercial partners in natural resources sectors and their financial capacity. With a pledged financial backstop of up to $1 billion in Indigenous Investments, the AIOC will reduce the cost of capital for Indigenous groups and support their ability to raise capital to invest in resource projects. More specifically, the AIOC will make loan guarantees ranging between $20 million and $250 million per project, with the loan proceeds to be used by Indigenous partners to acquire equity stakes in low-risk projects, initiatives or companies.
About the Opportunity
Reporting to the Board of Directors, the CEO provides the strategic vision, planning, and operational leadership for the Corporation. You will leverage your specialized leadership and business acumen to establish the organization. As a first-of-its-kind corporation in Canada, you will set up the organization for success, and develop effective corporate structure, program delivery, and operational planning to deliver on the AIOC’s mandate. This includes developing organizational policies, procedures, processes, and an integrated risk management framework. You will be responsible for responding to operational issues and challenges while achieving business plan goals and objectives.
Your preliminary responsibilities will be to oversee the setup of the AIOC and provide the strategic direction to ensure that AIOC’s vision, mission, and goals are achieved and to ensure the organization is set up for long term success. You will lead the AIOC in effectively supporting Indigenous communities’ participation in medium-to-large sized natural resource projects and make recommendations to the Board of Directors on complex deals. Engaging Indigenous communities, industry leaders, diverse stakeholders, and developing and maintaining relationships are all critical to achieving the overall strategic goals and vision of the AIOC.
As the inaugural CEO of the AIOC, you will bring a track record of success in Indigenous inclusion and investing. You will possess the organizational development skills, team leadership abilities and resourcefulness to establish a lean, impactful and dynamic corporation. You will be able to navigate complex relationships with diverse stakeholders utilizing strong communication skills, business acumen and your exceptional knowledge of diverse Indigenous communities, protocols, cultures and ways of doing business. This coupled with your knowledge of the energy sector and exceptional financial and project evaluation abilities will lead to sound and favourable investments. You are an analytical and tactful leader who can effectively identify and manage investment, business, and political risk.
Please submit your application directly to Laurie Sterritt, Managing Partner with Leaders International Executive Search:
Laurie Sterritt • Partner
880-609 Granville Street
Vancouver, BC, V7Y 1G5
Telephone : (236) 317-1103 ext. 104
Final candidates will be asked to undergo a comprehensive background check, disclosure and conflict of interest screening, and must meet the executive-level government security requirements.
The Government of Alberta is committed to a diverse and inclusive public service that reflects the population we serve to best meet the needs of Albertans. Consider joining a team where diversity, inclusion and innovation are valued and supported. For more information on diversity and inclusion, please visit the Diversity and Inclusion Policy. Canadian citizens and permanent residents will be given priority.
Posted May 16, 2020