BCI CEO/CIO Appointed to the Order of British Columbia

August 9, 2023

Victoria, B.C. – British Columbia Investment Management Corporation (BCI) congratulates Gordon J. Fyfe, Chief Executive Officer and Chief Investment Officer, on his appointment to the Order of British Columbia. This esteemed honour is a testament to Gordon’s remarkable career accomplishments and commitment to British Columbia.

The Order of British Columbia is the province’s highest form of recognition and is awarded to individuals who have made exceptional contributions through outstanding achievements, dedication, and service across various fields.

“Having grown up in Victoria, it is a privilege to lead the provider of investment management services for the province’s public sector. Not only does our work ensure financial security for pensioners and insurance funds, it promises enduring benefits for generations of British Columbians to come,” says Gordon J. Fyfe, Chief Executive Officer and Chief Investment Officer.

“I am humbled to be appointed to the Order of British Columbia alongside many distinguished leaders in our community, and want to extend my gratitude to those who have profoundly influenced my own journey. I look forward to continuing to contribute to our province’s prosperity, resilience, and success.”

Gordon’s appointment celebrates his significant contributions, including transforming BCI into a leading global investor and one of Canada’s largest asset managers as well as advancing the broader investment industry. Under his leadership, BCI:

  • Achieved a 10-year annualized return of 8.5 per cent for our six largest pension clients, equivalent to $16.3 billion in cumulative added value, surpassing the benchmark of 7.2 per cent and ensuring our pension clients remain fully funded;
  • Increased assets under management to $233.0 billion1 as of March 31, 2023, up from $121.9 billion2 within eight years;
  • Expanded assets managed in-house to 82 per cent of the total portfolio in 2023 from 57 per cent in 2016 and diversified returns, including increased exposure to private markets;
  • Grew the team to more than 700 dedicated employees and established three new offices in strategic locations: Vancouver, New York, and London, U.K.;
  • Championed the integration of ESG factors into investment decisions and active asset management internally and across capital markets;
  • Developed an award-winning co-op and intern program, providing valuable opportunities for students from British Columbia and across Canada; and
  • Founded QuadReal Property Group to expertly manage our clients’ global real estate equity and debt programs.

BCI is proud of this well-earned recognition, which underscores the exemplary leadership of our CEO/CIO together with his commitment to serving our clients and their beneficiaries across British Columbia.

The Order of British Columbia investiture ceremony for 2023 recipients will take place at Government House in Victoria in the late fall.

Read the announcement from the Office of the Premier and view the full list of appointees.

British Columbia Investment Management Corporation (BCI) is amongst the largest institutional investors in Canada with C$233.0 billion in gross assets under management, as of March 31, 2023. Based in Victoria, British Columbia, with offices in Vancouver, New York City, and London, U.K., BCI manages a portfolio of diversified public and private market investments on behalf of our 32 British Columbia public sector clients.

With a global outlook, BCI integrates ESG factors into investment decisions and activities that convert savings into productive capital to meet clients’ risk and return requirements over time. Founded in 1999, BCI is a statutory corporation created by the Public Sector Pension Plans Act. For more information, visit BCI.ca or LinkedIn.

Olga Petrycki, Director, External Stakeholder Engagement



1 Gross assets under management, including clients’ investment liabilities achieved through government bond repurchase agreements.
2 Net assets under management.