The Co-CIOs will be jointly responsible for the overall strategy and positioning of the firm’s global asset allocation products.
The plan has begun a search for its executive director position.
The position will assist the plan’s tangible assets senior investment officer.
The new president and cio will retain existing responsibilities at Glenmede.
The new director has served as the system’s cio since 2003.
The plan invested $115 million with an existing manager.
The plan will interview five finalists in its executive director search.
He will build and maintain relationships with current and prospective investors, consultants and advisors.
Texas plan has hired a new cio, who will join from an Austin city pension plan, following a search for the position from last year due to the planned summer 2021 retirement of its cio.
The new appointments include one senior portfolio manager and two analysts.