The $18.3 billion Illinois State Universities Retirement System (SURS)
has named a new chief investment officer (CIO).
Douglas C. Wesley, CFA, was named CIO March 17 after he had been
serving as interim CIO since the retirement of Daniel L. Allen in August
2016. Wesley was previously SURS’ deputy CIO. He has been with the retirement
system for 19 years. Records show Wesley was awarded
the CFA charter on Sept. 16, 2003.
has been the SURS’ deputy CIO since November 2005. He was trained as a nuclear
electrician and served in theU.S. Navy from September 1986 through August 1992. He holds a master’s degree in
accounting and finance, and a BA in accounting from the University of Illinois
The executive search firm of Heidrick & Struggles
International assisted with the CIO search.