IPPSA 30th Annual Conference. March 10-12, 2024. The Fairmont Banff Springs, Banff, Alberta

Avik Dey

Avik Dey

President and CEO
Capital Power

As the President and CEO of Capital Power, Avik leads the company in its growth and expansion across Canada and the U.S. and champions the team in accelerating its current strategic drive to net zero.

Avik is a seasoned global executive and transformational leader with over two decades in the energy business in roles spanning operations, entrepreneurial ventures, investment banking, and corporate advisory services. He has invested over $12 billion in growing long-term value for energy and energy transition companies.

Before joining Capital Power, Avik was Managing Director – Partner, and Co-Head of Carlyle International Energy Partners. He was also the CFO & Chief Transformation Officer for NOVA Chemicals, a leading global polyethylene producer.

Previously, Avik served as Managing Director and Head of Energy & Resources at the Canada Pension Plan Investment Board (CPPIB) and was a member of the Global Leadership Team, Chair of the Energy & Resources Investment Committee, and Real Assets Investment & Management Committees. Under his leadership, the Energy & Resources group grew from an idea to a leading global investor focused on energy transition.

Avik strongly believes in fostering the next generation of entrepreneurs and currently serves as the Director of Enactus Canada, an international non-profit helping university students solve the world’s biggest problems through social innovation. He has previously served on the boards of Calpine Corporation, Seven Generations Energy, Teine Energy, Wolf Midstream, and Crestone Peak Resources.

Avik earned his Bachelor of Commerce from the University of Calgary and, in 2017, was named one of Canada’s Top 40 under 40.