VICTORIA, B.C. – InBC Investment Corp. has named its board of directors after the program was announced late last month by Premier Horgan.
With finance, economics, impact investing, and business backgrounds, the nine-member board will provide guidance and accountability to the new Crown corporation.
Christine Bergeron, president and CEO of Vancity, will be the new board chair.
“I am looking forward to helping British Columbia’s economy emerge from the pandemic with momentum that carries us toward long-term growth,” says Bergeron. “InBC is the right solution to ensure high potential B.C. businesses get the capital required to grow and create jobs while moving our province forward on important issues like tackling climate change.”
The other eight board members are Kevin Campbell, Ingrid Leong, Glen Lougheed, Suzanne Trottier, former finance minister Carole James, Iglika Ivanova, Bobbi Plecas, and Heather Wood.
InBC will have a triple bottom line mandate which will consider people, the planet, and profits to position BC as a post-pandemic economic front runner.
Minister of Jobs, Economic Recovery and Innovation, Ravi Kahlon, says there’s tremendous excitement about InBC.
“Each person contributes expertise, years of experience, and credibility to this bold new strategic investment fund,” says Kahlon. “We can count on these skilled individuals to ensure InBC accomplishes its goals of growing innovation, attracting investment, and creating family-supporting jobs.”
InBC investments will be focused on small to medium-sized businesses with growth potential and an ability to keep talent, jobs, and intellectual property right here in British Columbia.
For more information, go to the InBC website.