Alison Nankivell and Karl Reckziegel have moved into leadership positions at the government-backed investment agency.

BDC Capital, the investment arm of Business Development Bank of Canada, has promoted Alison Nankivell and Karl Reckziegel into new leadership roles, PEHub has reported.

Reckziegel becomes senior vice president, venture capital, and assumes control of the direct venture capital investment team. Nankivell will work alongside Reckziegel running indirect venture capital operations, with the title of vice president, fund investments and global scaling.