Our client, Pennsylvania State Employees’ Retirement System (SERS), based in Harrisburg, is seeking a Chief Investment Officer (CIO). With $30.9 billion in assets under management, SERS is one of the oldest statewide retirement plans for public employees.
The CIO will report directly to the Executive Director and serves as the staff liaison and primary support person to the Board. The CIO will oversee, direct and mentor a staff of 21 and be responsible for planning, organizing and managing the investment activities of SERS in accordance with the investment policies established by the Board and under the provisions of governing state statutes. The CIO will lead ongoing analysis of the merits of bringing more asset management in-house.