Robert Borden was named executive director of the Louisiana State...

Robert Borden was named executive director of the Louisiana State Employees’ Retirement System, Baton Rouge. He had been chief investment officer of the $5.5 billion system since 1995. He replaces Glenda Chambers, who will leave Aug. 1 to become executive director of the National Association of State Retirement Administrators. A LASERS spokeswoman said the process of replacing Mr. Borden will be discussed at the board of trustees meeting next week.