CalSTRS Searches for Director of Investment Services
The position on the senior investments team will replace COIO Debra Smith, who retired this month after 24 years at the fund.
The current CIO helped develop the liability driven investment approach the Ontario health care fund is known for.
The transaction will form the biggest insurance broker in the world.
Payment includes $500 million civil penalty distributed to investors by SEC.
The chief investment officer is moving to an investment management consulting firm in Northern California.