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Cross Border News  + Canada  + Finance  | 

Teskey Takes Helm of Brookfield Asset Management

Connor Teskey was appointed CEO of Brookfield Asset Management on Wednesday.

He succeeds Bruce Flatt, who will continue to chair BAM’s board and remain as CEO of Brookfield Corporation.

BAM is a Canadian firm headquartered in New York for the purpose of gaining higher recognition from stock-market indices. The company ranks among the world’s largest alternative-asset managers with approximately US$1 trillion in assets under management.

Teskey has been with Brookfield since 2012, most recently serving as BAM’s president, after Flatt relinquished the role to him, and heading Brookfield Renewable Power & Transition.

Flatt stated previously that Teskey would succeed him as BAM’s president but did not specify a timeframe.

Image: Brookfield Asset Management

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Brookfield Asset ManagementConnor Teskey

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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