The Federal Retirement Thrift Investment Board (FRTIB) announced today that it has selected a new Chief Investment Officer. The FRTIB is the agency which oversees administration of the Thrift Savings Plan. Sean McCaffrey will be the new Chief Investment Officer after moving into the role from his position of Deputy Chief Investment Officer which he has held for nearly three years. McCaffrey came to the FRTIB with over twenty years of large institutional asset management private sector experience.