Key Takeaways:
- Leadership Transition: Derek Brodersen has been appointed the new Chair of the Board, succeeding William Loucks, who remains a director.
- Strategic Additions: Brian D’Costa and Joseph Shaw join the board, bringing their extensive expertise in investment management and strategic financial leadership to AGinvest.
- Focused on Growth: The appointments are part of AGinvest’s strategy to bolster its governance and drive growth within the dynamic sector of farmland investment.
- Experienced Leadership: The new directors have a wealth of experience in institutional investment, corporate governance, and alternative investment strategies.
- Commitment to Innovation: Their diverse backgrounds signal AGinvest’s commitment to innovation and providing strong returns for investors while supporting farm families.
Strengthening Strategic Leadership
AGinvest Farmland Properties Canada Inc. has taken a significant step in enhancing its board’s expertise and governance by appointing Derek Brodersen as Chair, alongside Brian D’Costa and Joseph Shaw as directors. This move is poised to fortify the company’s strategic direction and governance, ensuring it remains at the forefront of farmland investment management in Canada.
Experienced New Directors
- Derek Brodersen, the new Chair of the Board, brings over 30 years of experience in institutional investment management and corporate governance. His prior roles include Chief Investment Officer of the Alberta Teachers’ Retirement Fund Board and serving on several investment committees and boards.
- Brian D’Costa, known for his innovative leadership in alternative investment strategies, co-founded Algonquin Capital and has held significant positions in the Canadian financial sector, including Global Head of Fixed Income and Rates at CIBC.
- Joseph Shaw, a Senior Vice President at Colliers, has a rich real estate and finance background, including roles as CIO and Managing Partner in prominent firms. His expertise spans institutional investment structuring, sales, and ESG education.
Strategic Vision and Growth
With these appointments, AGinvest aims to leverage the new directors’ diverse experiences and insights to guide the company’s strategic initiatives. President and CEO Kent Willmore expressed confidence in the new board member’s ability to contribute valuable perspectives, thereby supporting the company’s growth and investment strategies.
A Focus on Innovation and Returns
The strategic reshaping of AGinvest’s Board of Directors underscores the company’s dedication to innovation, strong governance, and delivering robust returns for investors. The new directors’ vast experiences in institutional investment management, alternative investment strategies, and corporate governance are expected to drive AGinvest’s success in the competitive farmland investment sector.
AGinvest’s leadership transition and board enhancement mark a significant milestone in the company’s journey, positioning it for sustained growth and innovation in the farmland investment arena.
Image provided by AGinvest Farmland Properties Canada Inc.
