A plan in the Midwest is seeking a new cio as its current cio will retire later this year after being promoted to the position last year.
The promotions took effect on March 31.
The new hire previously served as CIO of the EMEA region at MetLife.
One focuses on transaction execution and portfolio management, while the other is involved in all phases of the investment process.
Their responsibilities will be assumed by other managers.
They will be responsible for the group’s fixed-income assets, consisting primarily of externally-managed portfolios, manage relationships with external managers and lead due diligence of current and prospective managers.
The previous CEO will stay on as executive chairman.
She is responsible for developing and maintaining relationships with the institutional investor community.
The hires will join the firm’s expanding wealth management presence in Los Angeles’ Century City.
The appointee will oversee offices in New York, New Jersey and Connecticut.