A United Conservative Party of Alberta sign is shown in Calgary on Thursday, Oct. 6, 2022. The UCP government released a plan Wednesday that it hopes will take the province to net-zero carbon emissions by 2050.THE CANADIAN PRESS/Jeff McIntosh

Alberta appoints former United Conservative Party leadership candidate to AIMCo board

The Alberta government has appointed a candidate who ran for the leadership of the United Conservative Party last year to the board of a Crown corporation with billions of dollars in assets.

The province says that Jon Horsman will serve as a member of the board of directors of the Alberta Investment Management Corporation, known as AIMCo.

It says in a release that he will serve from July 1 until July 30, 2026.

Horsman, who is from Calgary, dropped out of the race last July to replace former premier Jason Kenney, which was ultimately won in October by Premier Danielle Smith.

The release says Horsman recently worked as a senior executive at ATB Financial, Alberta’s Crown-owned bank.

AIMCo says it is among Canada’s largest institutional investment managers with $158 billion of assets under management on behalf of 17 pension, endowment and government fund clients in the province.