Deborah Spalding was named chief investment officer of the $29.6 billion Connecticut Retirement Plans and Trust Funds, said state Treasurer Denise L. Nappier to Pensions & Investments. 

Ms. Spalding replaced Lee Ann Palladino, who retired July 1.

Ms. Spalding was deputy CIO at CRPTF. When Ms. Palladino’s retirement was announced in May, Ms. Spalding was named interim CIO. She advises on the investing of the CRPTF portfolio and reports to Ms. Nappier.

The position of deputy CIO is vacant; a search for a replacement will begin soon.

Ms. Nappier is principal fiduciary of the retirement system.