The search is open to core, core-plus and high-yield bond managers.
He will oversee strategy, process and approach for the firm’s fixed-income strategies.
Plan is conducting on-site visits with three finalists ahead of a selection scheduled for next month.
Nearly half of pension funds and institutions plan to cut fixed-income exposure by between 10% and 15%.
Plan decided not to fund the mandate due to the ongoing Russia-Ukraine war.
New appointments comes as part of anticipated succession planning.
The plan hired two firms as the result of a core-plus fixed-income search initiated in October.
The winner will take over a $361 million mandate.
The plan has now hired two global multi-sector bond managers this year.
A total of five firms were profiled for the search.