Brookfield Asset Management hires Calin Rovinescu as a senior adviser

TORONTO – Brookfield Asset Management Inc. has hired former Air Canada chief executive Calin Rovinescu as a senior adviser within its global private equity group.

Rovinescu retired as head of Canada’s largest airline in February after leading it for 12 years.

He is also a former chair of the Star Alliance chief executive board and of the board of governors of the International Air Transport Association.

The alternative investment manager says Rovinescu will help in finding and executing on investment opportunities, with a focus on the aviation and aerospace sectors.

Cyrus Madon, CEO of Brookfield’s private equity group, says Rovinescu’s insights and expertise will be beneficial to the team.

Rovinescu co-founded independent investment bank Genuity Capital Markets and was the managing partner of Stikeman Elliott in Montreal, where he practiced corporate law for more than 20 years.

He is also a board member of the Bank of Nova Scotia

This report by The Canadian Press was first published March 22, 2021.

Companies in this story: (TSX:BAM.A, TSX:BNS)