<p>The State Universities Retirement System (SURS) is pleased to announce the appointment of Ellen Hung, CFA, as deputy chief investment officer (deputy CIO), effective Jan. 30.</p> <p>Hung has over 25 years of solid experience in financial services, investment strategy development, public pension administration, benefits calculation and counseling. Most recently she served as the assistant chief executive officer for the Santa Barbara County Employees' Retirement System in Santa Barbara, Calif., where she oversaw investments for the $2.8 billion fund and led a team providing investment strategy, economic analysis and responsible investing expertise. Prior to that, she was deputy director of finance for the City of San Jose, Calif., and a portfolio manager with GE Ratte Asset Management LLC.</p>