Farouki Majeed resigned as chief investment officer at the $4.9 billion Orange County Employees Retirement System, Santa Ana, Calif., effective March 15, said Keith Bozarth, executive director. Mr. Majeed will become assistant director of investments at the $54 billion Ohio Public Employees Retirement System, Columbus.
The OCERS board is expected to decide at its March 11 meeting whether to hire a search firm to help fill the position, Mr. Bozarth said.
