Comprehensive Investment Management for UBC's Investment Funds

UBC IMANT Board of Directors

Lisa Pankratz (Chair, UBC IMANT Board)

Ms. Pankratz is a Corporate Director, Advisor and current Chair of the UBC IMANT Board. She is a CPA Chartered Accountant and a Chartered Financial Analyst (CFA) who has served on a variety of boards since 2001.

Formerly, Ms. Pankratz was President of Mackenzie Cundill Investment Management in Vancouver, Canada from 2006 until 2010. Prior to 2006, she was the President of CIR Investment Research (formerly Cundill Investment Research Ltd.) a global investment counsel firm and from 2002 until 2006, she was Chief Compliance Officer for The Cundill Group. From 2000 until 2002, she was an independent Corporate Advisor and Consultant.

Ms. Pankratz was Chief Financial Officer of Evans Forest Products Ltd., a BC-based forest products company, from 1997 to 1999. Prior to her position with Evans Forest Products, she was an Investment Banker, specializing in public and private financings, mergers and acquisitions, strategic analyses and risk management advisory services for a variety of clients worldwide with Bankers Trust (BT Bank of Canada), Swiss Bank Corporation and Ernst & Young.

Ms. Pankratz’s charitable activities include serving as a board member of the Vancouver Foundation and its Investment Committee. She is a board member of The Friends of the Canadian Museum for Human Rights (the fund-raising arm of the museum).

In 2007, Ms. Pankratz was elected a Fellow of the Institute of Chartered Accountants of British Columbia. In 2008, she received the Women’s Executive Network Canada’s Most Powerful Women: Top 100 Award, as well as an Influential Women in Business Award from Business In Vancouver. In 2005, she was awarded the Peak Award for Performance and Excellence from the Association of Women in Finance.

Ms. Pankratz attended the University of Western Ontario and achieved an Honours BA in Business Administration from the Richard Ivey School of Business. She is a member of the Institute of Chartered Accountants of British Columbia, the Institute of Chartered Accountants of Ontario, the Vancouver Society of Financial Analysts and the CFA Institute.

Orla Cousineau

Orla Cousineau is the Executive Director, Pensions for the University of British Columbia.

Prior to her position with UBC, from 1998 until 2015, Ms. Cousineau held a number of senior positions within Mercer, and was National Partner. As a pension consultant and lawyer with Mercer, she was responsible for leading several large multi-employer jointly trusteed pension plans and providing strategic advice to multi-national corporations regarding the on-going operation and oversight of their pension funds.

Ms. Cousineau has served on the Board of the St. Paul’s Hospital Foundation and is the past Chair of the Finance Committee.

Ms. Cousineau received an LLB from the University of British Columbia and has been a member of the Law Society of BC since 1981. Her professional memberships include the Canadian Bar Association, CPBI and ACPM.

Alison Gould

Alison Gould is currently Chief Investment Officer of the Saskatchewan Teachers Federation. The Federation has assets under management of approximately $6 billion invested in support of multiple pension and benefit plans.

Ms Gould was formerly Chief Investment Officer of the Insurance Corporation of British Columbia (ICBC). ICBC has revenues of approximately $4 billion and assets under management of approximately $15 billion.

Ms. Gould’s former positions at ICBC were Head of Investment and Treasury (2014); Vice-President Investments, 2008-2014; Director Investments, 2003-2008.

Ms. Gould received a Master of Business Administration from UBC’s Sauder School of Business and a B.Comm from Queens University.

Emilian Groch

Emilian Groch is a Corporate Director with extensive experience in the pension-investment industry, focused on governance, strategic planning, risk management and policy.

As Chief Executive Officer of the Alberta Teachers’ Retirement Fund Board (ATRF) from 1994 to 2014, he established ATRF as a leading-edge pension-investment organization in Canada and played a key role in the Canadian, employment-based pension plan system. ATRF is an independent crown corporation with fund assets exceeding $12 billion providing asset management, and benefit and information services to 78,000 plan members.

Prior to 1994, Mr. Groch was the chief pension regulator for the Province of Alberta. During his tenure as Superintendent of Pensions, he established a leading pension regulatory office in Canada with a focus on practical policy and enforcement, and developed and implemented major Canadian pension regulatory reforms.

Mr. Groch is the Chair of the Board of Trustees of the Calgary Firefighters Supplementary Pension Plan, a member of the Finance Council and Investment Advisory Committee of the Ukrainian Catholic Eparchy of Edmonton, Chair of the City of Edmonton Firefighters’ Supplementary Pension Plan Committee, a member of the National Policy Committee of the Association of Canadian Pension Management and a member of the Government Relations Committee of the Pension Investment Association of Canada. He was a founding director of the Canadian Coalition for Good Governance. He is a frequent speaker on the pension industry and governance issues.

Mr. Groch received a B.Sc. Honours (Applied Mathematics in Statistics) from the University of Alberta. He received the ICD.D designation from the Institute of Corporate Directors.

Hyewon Kong

Hyewon Kong is Vice President of Responsible Investing at the Investment Management Corporation of Ontario (IMCO), where she leads IMCO’s sustainable/responsible investing strategies.

With over 20 years of experience in both corporate and investment management in Asia, Europe and North America, Hyewon has been an ambassador of sustainable investing as an experienced portfolio manager and a subject matter expert on ESG. Since moving from the UK to Canada 6 years ago, Hyewon has been instrumental in creating broad collaborations in the Canadian financial industry to drive a sustainability agenda and has been named to Canada’s 2020 Clean50 leaders.

Hyewon serves on the Environmental Finance Advisory Committee at the University of Toronto and lectures on Investing for Impact, Environmental Finance and Sustainable Investment courses.

Hyewon is a CFA charterholder and a member of the Toronto CFA society and has co-founded and co-chaired Canadian Responsible Investment Working Group to provide platforms for collaboration and engagement to address key ESG issues.

Azim Lalani

Azim Lalani has over 25 years of financial experience and has held senior management roles in several public and private real estate companies.

Azim was the Chief Financial Officer of American Hotel Income Properties REIT LP (TSX: HOT.un) from 2014 to 2021. During his tenure, AHIP grew its enterprise value from US$350 million to over US$1.1 billion and owned and asset managed a diversified portfolio of 78 branded hotels across the United States. Azim led the finance group and was responsible for managing financial reporting, tax, treasury, corporate finance and risk management activities.

Azim was appointed to the UBC Board of Governors in 2019 and is currently Chair of the Finance Committee and was previously Chair of the Audit Committee.

A Chartered Professional Accountant (CPA, CA) and a Chartered Business Valuator (CBV), Azim graduated from The University of British Columbia with a Bachelor of Commerce degree in 1992.

Gordon MacDougall

Gordon MacDougall is a Corporate Director. For over 30 years, until his retirement in 2014, Mr. MacDougall was Vice-Chairman and Director with Connor, Clark & Lunn (CCL) Investment Management. Since 2002, he has been a Director of the Connor, Clark & Lunn Financial Group Ltd.

Prior to his years with CCL, Mr. MacDougall held senior executive positions with Yorkshire Trust Company and AGF Vancouver Investment Management, Dominion Securities and Sun Life Assurance.

Mr. MacDougall is Chair of the Board of Rogers Chocolates; Director of International Forest Products and Chair of their Corporate Governance & Nominating Committee and a Director of the Capilano Golf & Country Club. Currently, Mr. MacDougall is a Director on the Board of UBC Investment Management Trust and Chair of the UBC IMANT Investment Sub-Committee.

Mr. MacDougall’s past board experience includes Director positions on the Boards of Intrawest Corporation, Highfield Properties Ltd and Tangent Oil & Gas as well as Chair of the Vancouver Foundation.

Mr. MacDougall received a B.Comm (Finance) from Concordia University and a Masters of Business Administration from the University of Pittsburgh. Mr. MacDougall is a CFA Charterholder.

Peter Smailes

Peter Smailes is the Vice-President, Finance and Operations at the University of British Columbia. He is responsible for leading finance, treasury and risk management services across UBC Vancouver and Okanagan campuses as well as building operations, energy and water services and infrastructure development. His portfolio also oversees the university’s relationship with the UBC Investment Management Trust which manages the university’s endowment, staff pension plan, and UBC Properties Trust which develops and manages real estate assets for the benefit of the university.

Mr. Smailes was promoted to the position of Vice-President, Finance and Operations at UBC in July 2018. Prior to that he was the UBC Treasurer, for 10 years and Associate Treasurer for 7 years prior to that. Before rejoining the University in 2001, Mr. Smailes was a Treasury Consultant working with a variety of universities, hospitals and not for profit clients. He also serves on the UBC Staff Pension Plan Board, the BCNet Board (Finance Committee Chair) the UBC Properties Investment Ltd. Board (ex-officio), UBC Investment Management Trust Board. He has a degree in Economics from Carleton University and is a CPA, CMA.