Page 5 - Transforming To Stay Successful

ur Three-Year Business Plan positions us to manage more than $200
billion, and succeed within the business and economic conditions
O that challenge institutional investors today. It refocuses us to be
an active, in-house asset manager who is risk-aware and uses sophisticated
investment strategies. This transformation entails much more than redesigning
a portfolio — it requires a different business and investment model, changing
everything from how we operate, to the skills and expertise we need onboard,
to our technology, culture, and even our interactions with stakeholders. All of
this is being done to simply increase the likelihood of meeting our clients’ basic
rate of return.

Yet, through all this change, the heart of who we are remains the same, and
will stay that way long into the future. We are the responsible fund manager of
choice for British Columbia’s public sector, striving to be the best in the world
at what we do, respected by our peers, and known for our commitment to
building meaningful futures — for our clients, staff, community, and the global
economy. Our activities directly impact over 554,000 pension plan members
and 2.3 million workers in our province; everyday, we’re motivated to do our
best work, to go above and beyond for them.

Our strategic direction marks a significant, but necessary shift. The steps we
take, and the pace we follow, will be thoughtful and strategic. Reaching our
goals will depend on everyone here at BCI; each of us has a role to play.

“Transforming to Stay Successful” acts as our guidebook for the next three
years. It outlines who we are, what we’re all working towards, and why.
It’s based on our Three-Year Business Plan, which is reviewed annually and
presented to the Board for approval. It’s also submitted to the Honourable
Minister of Finance, as required by the Public Sector Pension Plans Act.

We’re all in this transformation together. Let’s get started.

INTRODUCTION 5