Connor Teskey was recently promoted to CEO of the leading global alternative asset manager, Brookfield Asset Management. In February, he succeeded longtime chief executive Bruce Flatt, who still serves as both chairman and CEO of the parent company, Brookfield.
The appointment is the latest piece of a succession plan that began in early 2025 when Bruce Flatt assumed the role of chair of the New York-based asset manager after central banker Mark Carney stepped down to run for the leadership of the Liberal Party of Canada and succeeded Justin Trudeau as the North American country’s Prime Minister. Connor Teskey, who had been seen as a potential successor, joined Brookfield Asset Management in 2012 and was named president in 2022.
Connor Teskey led Brookfield’s Renewable Power and Transition business, apart from serving as the CEO of Brookfield Renewable Partners, which manages investments, operations and growth for the renewable and transition business. Flatt joined Brookfield in 1990 and was named CEO in 2002.
Who Is Connor Teskey?
Born in Vancouver, British Columbia, Teskey attended St. George’s School before earning a Bachelor of Business Administration at the University of Western Ontario. After graduating, he started in corporate debt origination at the Canadian Imperial Bank of Commerce, which gave him exposure to how companies raise money and structure deals. He spent a few years there learning the mechanics of finance, capital markets, lending, and corporate needs, before joining Brookfield in 2012.
At the asset management firm, he began in private equity. Over the next several years, he gradually shifted toward domains like renewable power and infrastructure investing. In 2016, he relocated to London to help expand Brookfield’s renewable energy presence in Europe. That turned out to be a major turning point.
By 2020, he was named CEO of Brookfield Renewable Partners and head of the “Renewable Power and Transition group.” That role put him at the centre of Brookfield’s clean energy strategy, especially as global attention around energy transition accelerated. He also helped lead the firm’s “Global Transition Fund,” one of its largest climate-focused investment vehicles, which became one of the company’s key growth areas.