The Rev. James Parker accepted the job as executive director of the $20 billion Washington State Investment Board, Olympia.
Mr. Parker, who retired over the summer from his job as chief investment officer of the $5.8 billion General Board of Pension and Health Benefits of the United Methodist Church, Evanston, Ill., started Dec. 5. His salary will be $129,700, said board Chairman James Cason.
He replaces Basil Schwan, whose contract expired in October.
Patrick J. Kiernan, deputy director-investments for the $23 billion New York City Teachers Retirement System, joined AIB Investment Managers, New York, as senior vice president of U.S. operations, according to a company announcement.
The company is a wholly owned unit of Allied Irish Banks PLC, Dublin, Ireland's largest bank. The investment management unit manages $6.7 billion.
Colm Doyle, executive vice president with AIB Investment Managers, said the position is new.
Telephone calls to Donald Miller, executive director of New York City Teachers, were not returned.
Kim Johnson, general counsel of the $3.3 billion Louisiana State Employees' Retirement System, Baton Rouge, will leave the fund Jan. 3 to become general counsel of the Colorado Public Employees' Retirement Association, Denver. A search for a replacement is under way. At the Colorado fund, he replaces Nancy Williams, who left in August.
Nancy Tengler, a former partner of what now is Spare, Kaplan, Bischel & Associates, has joined UBS Asset Management Inc., New York, as a managing director.
And several former Spare Kaplan executives now have joined her at UBS.
Tobi Mason, senior analyst; , vice president in client service; Douglas Tengler, Ms. Tengler's husband and a vice president in marketing; and Noel DeDora, senior portfolio manager; all will have the same positions at UBS.
The group will be based in San Francisco and will manage value equity portfolios using a relative dividend yield approach.
Ms. Tengler left the firm over the summer and sued the firm in September, claiming she was forced out.
Spare, Kaplan countersued. Both suits are pending.
Greg Neumann, former executive director of the Hong Kong office of Morgan Stanley Asset Management, joined Scudder, Stevens & Clark as director of the newly formed Scudder Stevens & Clark Asia.
Mr. Neumann will develop a new office in Hong Kong to service institutional clients in Asia and expand the retail distribution network for Scudder's offshore funds.
Abacus Financial Group Inc., Chicago, hired Mark Taborsky as portfolio manager, a new position designed to incorporate derivatives into the firm's investment strategy. He had been a portfolio manager at JPBT Advisers, where he was replaced by Francisco Alsuru.
Cynthia R. Plouche, Abacus' chief investment officer, said she envisions using derivatives to adjust duration and sector allocations, aside from other tactical and strategic uses.
Mr. Taborsky also will oversee Treasury trading and portfolio analytics.