Karl Reckziegel

Karl Reckziegel was appointed Vice President, Operations and Performance Management, Venture Capital in 2011. He leads the team responsible for all aspects of the operational management of BDC’s direct and indirect venture capital investment funds. An engineer with close to two decades of corporate finance experience, Karl is familiar with all aspects of debt and equity structures. He joined the BDC Venture Capital team in 1992. Prior to assuming his current responsibilities, Karl was Managing Director of BDC’s Special Situations team, overseeing turnarounds, workouts and divestitures within BDC’s Venture Capital portfolio at the national level. At BDC, he has served as Vice President of the Virtual Banking unit, which included responsibility for managing BDC's strategic alliances. Prior to that, he was Vice President responsible for BDC's lending and consulting practice in Vancouver. Before joining BDC, he held positions in engineering, technical sales and industrial marketing in the oil industry, and later served as a senior executive in an international trading company. Karl holds a Bachelor of Civil Engineering from the University of New Brunswick and an MBA with a major in Finance from Concordia University.