Vancouver-based InBC Investment Corp. has appointed Thomas Park as its new chief investment officer, effective September 8, 2025.
Why it matters: InBC, the provincial Crown corporation tasked with investing $500 million into B.C. scaleups and venture funds, is entering a new phase of growth. Park’s hire signals a ramp-up in investment activity as the fund looks to expand and diversify its portfolio—and eventually seek new capital.
The details:
Park spent nearly a decade at BDC Capital, where he helped shape the organization’s VC strategy and led initiatives including the Industrial Innovation Fund, IP Financing Fund, and COVID Relief Program. He later became Lead Partner of the BDC Deep Tech Fund, overseeing investments in software and AI.
His earlier career included roles at the Gates Foundation, McKinsey & Co., and as a corporate lawyer at McCarthy Tétrault.
Park said he’s eager to help InBC “scale a resilient, diversified portfolio with founders and funds across the province.”
InBC’s progress so far:
Since launching in fall 2022, InBC has committed $179 million of its $500 million mandate.
The fund’s 36 portfolio companies span sectors including life sciences, cleantech, and technology.
The organization is now weighing recapitalization options to extend its impact beyond the initial $500 million.
What they’re saying: “InBC is deploying strategic capital to deliver returns while broadening opportunity in B.C.,” said Park.
“InBC’s mission to grow B.C. businesses and invest in a strong economic future makes Thomas the ideal person to lead the next stage,” added Board Chair Suzanne Trottier.
What else you need to know: Park replaces Leah Nguyen, who stepped down earlier this. This news also comes just a week after InBC CEO Jill Earthy announced that she has stepped down from her post at the organization.