Tamara Vrooman has been appointed as the new Chair of the Infrastructure Bank of Canada. The CEO of Vancouver International Airport is Tamara. Through the 2008 financial crisis, she led Canada’s largest community credit union. She served as B.C.’s Deputy Minister of Finance, where she managed the $36 billion fiscal plan of the Ministry, resulting in three upgrades to AAA credit ratings.
Catherine McKenna, Minister of Infrastructure and Communities, said she has a strong financial and infrastructure background and important leadership skills for the role. Minister McKenna added, “Tamara clearly understands the critical role of infrastructure in building our country, growing our economy, creating jobs and attracting investment and tackling climate change,” “Because of my background in both the public and private sectors, I believe I can be useful in bridging between the two to help the CIB develop and finance public interest projects of national importance,” says Ms. Vrooman.
As the CIB continues to deliver on the three-year, $10 billion Growth Plan, Ms. Vrooman will work with Ehren Corey, the dynamic CEO of the Bank. Investment in projects in five key sectors, including transit, green infrastructure, clean energy, broadband and trade and transportation, is the focus of the growth plan. “The Canada Infrastructure Bank has the key elements in place to deliver jobs and growth and nation-building infrastructure for Canadians, at a time when it is critically needed,” Minister McKenna said. As well as governance and oversight, the Board is responsible for making financing decisions.