Bruce Flatt: Steering Brookfield Asset Management into the Future

Bruce Flatt, born on June 10, 1965, in Winnipeg, Manitoba, Canada, is a prominent figure in the global financial landscape, renowned for his strategic leadership as the Chief Executive Officer (CEO) of Brookfield Asset Management. His journey from a chartered accountant to the helm of one of the world’s largest alternative asset management firms exemplifies a blend of foresight, resilience, and adept management.

Flatt’s academic foundation was laid at the University of Manitoba, where he earned a Bachelor of Commerce degree. Post-graduation, he commenced his professional career at Ernst & Young as a chartered accountant. In 1990, he joined the investment division of Brascan, the predecessor to Brookfield Asset Management. Demonstrating exceptional acumen, Flatt ascended to the role of CEO of Brookfield Properties in 2000 and, by 2002, took on the mantle of CEO for the entire Brookfield conglomerate.

Under Flatt’s stewardship, Brookfield has experienced exponential growth, evolving into a global powerhouse with a presence in over 30 countries. The firm’s assets under management have surged, notably surpassing $750 billion, a testament to Flatt’s strategic vision and investment prowess. His investment philosophy, often likened to that of Warren Buffett, emphasizes value investing and long-term asset acquisition, particularly in real estate, infrastructure, renewable energy, and private equity sectors.

A significant milestone in Flatt’s career occurred in January 2025, when he was appointed as the Chair of Brookfield’s Board of Directors, succeeding Mark Carney. Carney resigned to pursue a political career, aiming for the leadership of the Liberal Party of Canada. Flatt expressed deep appreciation for Carney’s contributions, particularly in establishing Brookfield as a leader in energy transition investments. This leadership transition underscores Flatt’s unwavering commitment to steering Brookfield towards sustainable and impactful investment avenues.

Beyond his corporate endeavors, Flatt maintains a low-profile personal life. He is married to Lonti Ebers, an esteemed art collector and philanthropist, known for founding Amant, a non-profit arts organization, and her role as a trustee of New York City’s Museum of Modern Art. The couple’s shared interests in art and culture reflect a harmonious blend of business acumen and cultural patronage.

Flatt’s leadership has not gone unnoticed in the global business arena. In 2017, he was honored as CEO of the Year by The Globe and Mail. The following year, Harvard Business Review ranked him 60th among the top 100 best-performing CEOs worldwide. Bloomberg further recognized his influence by including him in their list of 50 individuals who defined global business in 2019.

In a recent conversation with Mark Carney, featured on the Brookfield Perspectives podcast in October 2024, Flatt delved into the future of global investments. He highlighted the pivotal role of alternative assets in shaping resilient economies and emphasized Brookfield’s commitment to sustainable investing. Flatt’s insights shed light on the evolving dynamics of the global economy and Brookfield’s strategic positioning within it.

As of January 2025, Bruce Flatt continues to exemplify visionary leadership, steering Brookfield Asset Management towards new horizons. His strategic foresight, combined with a steadfast commitment to value-driven investments, positions Brookfield to navigate the complexities of the global market effectively. Flatt’s journey from a young accountant in Winnipeg to a global business leader serves as an inspiring narrative of dedication, strategic thinking, and transformative leadership.