CalPERS No. 2 Investment Officer Resigns
In a sudden departure, CalPERS Chief Operating Investment Officer Elisabeth Bourqui has resigned just months after moving from Europe to take a key spot at the Sacramento-based pension plan.
Corporate Moves
World Bank President, Who Opposes Trump Climate Stance, Is Departing
Obama-nominated Jim Yong Kim had three more years left on his second term as group’s head, leaving an opening for Trump-appointed successor.
UK Regulator TPR Names Charles Counsell Chief Executive
However, Work and Pensions Chair Frank Field expresses doubt about choice.
Lockheed Martin Gets a New CIO
After six months without one, Paul Colonna will replace departed Chris Li in January.
Future Fund’s PE Leaders Leave to Start Their Own Firm
Veterans Steve Byrom, David Simons, and Jasmina Osmanovic look to model venture after Hamilton Lane of ROC Partners.
Chan Zuckerberg Institute Names Princeton’s David Lee CIO
Facebook founder’s philanthropic organization lures Lee from Princeton Endowment.
Sacramento County Gets a New Deputy CIO
James Donahue will work with chief Steve Davis to develop the fund’s structure.
Dutch Metal Pensions Firm MN Losing Half its Board
Liesbeth Sinke is exiting the organization while Hendri den Boer transfers to its asset management unit.
Harvard Endowment Poaches Columbia COO Sanjeev Daga
Daga is reunited with Harvard Management Co. CEO Narv Narvekar.
Rebecca Wood to Become President and CEO of FEG
Fund Evaluation Group CEO Scott Harsh steps down after 28 years with firm.
Malaysia’s KWAP Gets a New Chief
Syed Hamadah Othman replaces Dato' Wan Kamaruzaman Wan Ahmad as the $33.9 billion outlet’s next CEO.
Exelon’s CIO to Chair CIEBA
Doug Brown will replace Boeing’s Andy Ward, who will remain on the board.
Russell Investments Names Jennifer McPeek as CFO
The new head means the 82-year-old firm has women in both of its highest roles.
CalSTRS Names New Corporate Governance Chief
Kirsty Jenkinson will join the $229 billion system in January.
Russell Investments’ Global CIO Jeff Hussey Is Leaving
Peter Gunning, who once had the role, resumes it until a replacement is found.