CIO @ inBC in Vancouver, Canada
$230k - $280k per yearinBC
Created in 2021 by the Government of BC, InBC Investment Corporation (“InBC”) was established as an independent Crown Corporation with a $500 million strategic investment fund to provide a source of local and long‑term capital for small and medium‑sized businesses.
InBC’s vision is to catalyze a more prosperous, sustainable and inclusive future for British Columbians with a unique investment approach—focusing on opportunities that align with its investment themes and provide measurable financial outcomes as well as social or environmental impact.
InBC began operations three years ago, with a focus on establishing the initial strategy, policies, framework, and infrastructure needed for the ‘start‑up’ organization. With this foundation now in place, the organization has arrived at an exciting stage in its evolution and is now seeking a new Chief Investment Officer (CIO) who will renew the vision and execute InBC’s investment strategy, delivering on its economic objectives and triple bottom line mandate.
Working in strategic collaboration with the CEO, the CIO will lead the development of the investment strategy and have autonomy in all investment decisions, operating within the guardrails of the Investment Policy Statement (IPS) which is reviewed annually, and as defined by the Ministry and InBC’s Board of Directors.
The CIO will be responsible for all investment decisions –overseeing a small team responsible for sourcing, assessing and structuring all investment opportunities. They will be tasked with building and overseeing a complex and substantial investment fund portfolio encompassing multiple sectors and companies of varying sizes and growth stages within BC. Success will be measured by the achievement of financial targets as well as non‑financial impact objectives.
In this key leadership position, the CIO will also work closely with the CEO and other members of the leadership team including the CFO and General Counsel on the overall organizational strategy.
The ideal candidate is an experienced investment and people leader with leadership and portfolio management experience in both direct and fund investments. Specific venture capital expertise and experience managing a portfolio of early‑stage companies to achieve optimal returns while managing risk is essential. The new CIO must bring exceptional communication and influencing skills—able to engage with a variety of stakeholders and position InBC as a leader in the ecosystem.
Highly strategic and visionary, the CIO must possess the credibility, leadership, and conviction that can focus InBC’s efforts and inspire confidence in its shareholders, the public, potential investees and capital partners.
In accordance with BC’s Pay Transparency Act, the expected base salary range for this role is $230,000‑280,000 plus incentive compensation and benefits but may vary based on the successful candidate.
We thank all applicants for their interest in this position. Please note that we will only be in contact with those individuals moving forward with our client.
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