UBC Investment Management appoints new Board Chair and Director
October 11, 2024

VANCOUVER—UBC Investment Management (UBCIM) is pleased to announce recent changes to the firm’s Board of Directors (“Board”).

Azim Lalani has been appointed Board Chair, replacing Gordon MacDougall, whose term as a UBCIM director has concluded. Mr. Lalani is a UBC alumnus with deep connections to the university and brings a wealth of insight and experience to the Chair’s role. He has held senior management roles with several public and private companies during a finance career spanning more than 25 years. As a member of the UBC Board of Governors, Azim served as co-vice chair of the Board and chaired the Finance and Audit committees. He has also been a member of UBCIM’s Board since 2020.

Byron Thom joins the Board as a representative of the UBC Board of Governors. Byron is a partner at the Industrial Innovation Venture Fund within BDC Capital, a fully owned subsidiary of the Business Development Bank of Canada. As a venture capital investor, he supports early-stage companies on corporate strategy, go-to-market opportunities, and governance. Byron brings more than 20 years of experience in the technology sector as a founder, lawyer, operator, and investor. He previously held senior roles at Cymax Group Technologies and Framework Venture Partners.

In addition to Mr. Lalani and Mr. Thom, the current UBCIM Board consists of: Alexa Blain, Tom Bradley, Amanda Farrell, Hyewon Kong, Frank Laezza, Yale Loh and Rakesh Saraf.

ABOUT UBCIM

UBCIM is a professional investment management company established to provide comprehensive portfolio management and advisory services to The University of British Columbia.  UBCIM is wholly owned subsidiary of UBC and currently has over $6.0 billion in assets under management. Additional information about UBCIM is available on the Company’s website at www.ubcim.ca.

For more information, please contact: info@ubcim.ca