In Memory of Kevin McCreadie: Visionary CEO, Trusted Leader, and Architect of AGF’s Modern Era
AGF Management Ltd. is mourning the unexpected passing of Kevin McCreadie, its Chief Executive Officer and Chief Investment Officer, who died suddenly at age 64. Widely recognized as one of Canada’s most influential asset management leaders, Mr. McCreadie leaves behind a legacy defined by transformation, disciplined growth, and an unwavering commitment to clients and colleagues alike.
Mr. McCreadie joined AGF in 2014, making history as the first chief executive appointed from outside the founding Goldring family. Over more than a decade at the firm’s helm, he spearheaded a strategic evolution that reshaped AGF’s identity and positioned the Toronto-based investment manager as a diversified, future-ready enterprise.
A Decade of Transformation and Growth
Under his leadership, AGF broadened its focus beyond traditional equity and fixed income portfolios to embrace alternative asset classes, including infrastructure, private equity, and sustainable investment strategies. This diversification was not only a strategic imperative but a clear reflection of Kevin’s belief that innovation was essential to meeting evolving client needs.
During his tenure, AGF grew to oversee approximately $53 billion in client assets. Over the last five years alone, the firm’s share price rose by more than 150%—an accomplishment that underscored investor confidence and validated the long-term strategy Kevin championed.
Serving simultaneously as CEO and CIO, Kevin brought both operational expertise and deep investment insight to every decision. He was known for his disciplined approach to risk and his clear focus on delivering strong, sustainable outcomes. Whether guiding product innovation or expanding global distribution, he maintained a steady emphasis on transparency, client trust, and measurable performance.
Leadership Rooted in Integrity and Collaboration
Colleagues and peers consistently described Kevin as a leader whose impact extended far beyond financial results. He combined strategic vision with humility and approachability, fostering an environment where collaboration and open dialogue thrived.
“He brought wisdom, clarity, and a sense of calm that inspired confidence across the organization,” said Blake Goldring, Executive Chairman of AGF Management Ltd. “The entire AGF team is devastated by the loss of Kevin, our colleague and leader. His impact on our organization—and the people within it—has been profound and will be lasting.”
Kevin was a mentor to many rising professionals and was respected for his ability to nurture talent and empower teams. He encouraged innovation while maintaining a clear-eyed focus on accountability and execution. Those who worked alongside him often remarked on his ability to make complex challenges feel manageable through his steady perspective and commitment to shared goals.
Continuity and the Path Ahead
In the wake of Kevin’s sudden passing, AGF announced that Judy Goldring, President and Head of Global Distribution, has been appointed Chief Executive Officer. A long-time executive with deep experience in strategy and client engagement, Ms. Goldring also serves as Chair of the Securities Investment Association.
“We have full confidence in Judy’s ability to lead the firm given her profile, vision, and demonstrated leadership skills,” Mr. Goldring added.
Ms. Goldring’s appointment ensures continuity at a critical moment, as AGF remains committed to executing the strategy and values that Kevin championed.
A Legacy That Transcends AGF
Before joining AGF, Kevin served as President and Chief Investment Officer at PNC Capital Advisors in the United States, where he oversaw significant asset growth and developed an institutional platform recognized for performance and client alignment.
His influence reached well beyond AGF, shaping the broader Canadian investment landscape and advancing conversations around responsible investing and client-first stewardship.
Kevin McCreadie’s sudden death is being felt deeply across the asset management industry. Colleagues, clients, and peers have shared tributes highlighting his professionalism, empathy, and capacity to inspire those around him.
He is survived by his loved ones, close colleagues, and a business indelibly shaped by his leadership.
As AGF moves forward, the firm will do so with the same principles Kevin instilled—integrity, innovation, and a commitment to delivering lasting value. His legacy endures not only in AGF’s continued success but in the many professionals he mentored and the lives he touched throughout his remarkable career.
