Several pensions, foundations and endowments announced shifts in leadership last month. Chief investment officers and CEOs were named, others were fired and senior-level professionals moved to other institutions. Here are the top institutional investment moves in February 2018:
Vijoy Chattergy, chief investment officer of Hawaii Employees’ Retirement System, was fired from the $16.9 billion pension. Chattergy was named chief investment officer in 2012, replacing Rod June who left to become chief investment officer of the Los Angeles City Employees’ Retirement System. Further details on Chattergy’s departure were unable to be learned, and a replacement for a new chief investment officer at the pension is unknown.
Garrie Lette, chief investment officer of National Catholic Superannuation Fund, will retire later this year after eight years at the helm of the $7.1 billion superannuation fund. A search to replace Lette as the chief investment officer has been launched, and according to the Catholic Super news release, a candidate will be selected before Lette’s departure.
Sean McCaffrey, deputy chief investment officer of Federal Retirement Thrift Investment Board, was named as chief investment officer. McCaffrey replaces Ravindra Deo, who was named as executive director of the Federal Retirement Thrift Investment Board in August after the departure of Greg Long. The Board administers the $528.4 billion Thrift Savings Plan.
Rush Harvey, director of investments at Kansas State University Foundation, was named as the new director of investments at Texas A&M Foundation. It is a newly created position at the $1.7 billion foundation.
Marlene Puffer, partner at Alignvest Management, was named as chief executive officer of the $12.7 billion Canadian National Railway Pension Plan. She will replace Russell Hiscock, who is to retire at the end of March.
View Trusted Insight's monthly people moves roundups here.