FYI
Google AI Overview
Mark Carney left his position as Chair and Head of Transition Investing at Brookfield Asset Management in January 2025 to pursue a career in politics. Joining in August 2020, he previously served as Vice Chair and Head of ESG and Impact Fund Investing, spearheading the company's sustainable investment strategies and renewable energy platforms.Key details of his role and departure:Transition Investing Focus: Carney played a critical role in launching the Brookfield Global Transition Fund, which focuses on accelerating the transition to a net-zero economy, managing over $100 billion in assets.Leadership Position: He served as Chair of Brookfield Asset Management after his initial role as Vice Chair.Departure: He stepped down in early 2025 to enter the leadership race for the Liberal Party of Canada.Controversy: His tenure faced scrutiny regarding his involvement in the board’s decision to move Brookfield's headquarters to the U.S. in late 2024, although he noted he left the board in January 2025 before the finalization of the move.While at Brookfield, Carney continued his role as the United Nations Special Envoy for Climate Action and Finance.