AutoCanada Inc. announced that Azim Lalani will be appointed as its new Chief Financial Officer, effective in the first quarter of 2023. He will be based at the Company's Edmonton headquarters. Azim has over 25 years of financial experience and has held senior management roles in several public and private real estate and operating companies with responsibility for financial reporting, treasury, corporate finance, taxation, investor relations and risk management.

He joins AutoCanada from a real estate development and management company, where he has served as Senior Vice President, Finance and Accounting. Previously, Azim was the Chief Financial Officer of American Hotel Income Properties REIT LP, where he oversaw the REIT's growth from an enterprise value of $350 million to over $1.1 billion with a diversified portfolio of franchised hotels located across the United States. Azim is currently Co-Vice Chair of the Board of Governors and Chair of the Finance Committee at the University of British Columbia.

He is also a Corporate Director with UBC Investment Management Trust and the Chair of the Audit Committee of the Family Services of the North Shore. Azim is a CPA (CA) and CBV, and started his career with KPMG LLP in Vancouver.