Brookfield Asset Management Announces Appointment of Hutham Olayan to Board of Directors
January 05 2021 - 05:55AM
Brookfield Asset Management Inc. (“Brookfield” or the
“Corporation”) (TSX: BAM.A, NYSE: BAM) announced today the
appointment of Hutham Olayan to its board of directors. Ms. Olayan
is Chair of The Olayan Group, a multinational investment enterprise
as well as a leading operator of businesses in Saudi Arabia, where
the group originated in 1947. Ms. Olayan has decades of experience
as a long-term investor in various asset classes in global markets.
Frank McKenna, Chair of the Board of Directors
of Brookfield, stated, “We are thrilled to welcome Ms. Olayan
to Brookfield. As an accomplished business leader and skilled
director, she brings vast knowledge and significant experience in
international business to the board of directors.” Mr. McKenna
continued, “Ms. Olayan’s appointment furthers our strong
commitment to diversity throughout Brookfield and brings the number
of our female directors to six, which constitutes – I am very
pleased to be able to say – a majority of our independent
directors.”
Brookfield Asset Management
Inc. Brookfield Asset Management is a leading global
alternative asset manager with approximately US$575 billion of
assets under management across real estate, infrastructure,
renewable power, private equity and credit. Brookfield owns and
operates long-life assets and businesses, many of which form the
backbone of the global economy. Utilizing its global reach, access
to large-scale capital and operational expertise, Brookfield offers
a range of alternative investment products to investors around the
world—including public and private pension plans, endowments and
foundations, sovereign wealth funds, financial institutions,
insurance companies and private wealth investors.
Brookfield Asset Management is listed on the New York and
Toronto stock exchanges under the symbols BAM and BAM.A,
respectively.
For more information, please contact:
Media |
Investor Relations |
Claire Holland Tel: +1 416 369 8236 Email:
claire.holland@brookfield.com |
Linda NorthwoodTel: +1 416 359 8647Email:
linda.northwood@brookfield.com |
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