Brookfield Asset Managemen announced the appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure investments. Ron brings a wealth of experience to his role at Brookfield, including over two decades of building and transforming businesses in the global payments space, and as a Non-Executive Director of the Bank of England?s Court of Directors. Brookfield?s financial infrastructure strategy focuses on identifying opportunities in digital assets and services that form the backbone of the global financial economy.

The strategy typically seeks mature, high-quality companies that are integral components of the financial ecosystem and leverages Brookfield?s expertise in growing businesses through operational value creation. Brookfield has invested or committed approximately $5 billion in financial infrastructure companies, including Network International1 and Magnati. The addition of Sir Ron Kalifa to lead this strategy will allow Brookfield to increase footprint in this critical area of focus.

Ron served as CEO of Worldpay, one the world?s leading global payments platforms, for over 10 years, overseeing its divestment into private equity ownership and subsequently to IPO. In addition, he led and authored an independent review for the U.K. Government to define a national fintech strategy and delivery model. He also currently serves as Chairman of Network International, a leading Middle Eastern payments business, as a Senior Independent Director on the Court of Directors of the Bank of England and is a member of the Council of Imperial College, London.