Brian Hiestand was named CIO at the $400 million endowment of the College of William and Mary, Williamsburg, Va., according to a news release from the college. It is a new position. He will work with the investment committee of the endowment's association to review its investment strategy, establish asset allocation guidelines, hire and fire money managers, and monitor investment performance. Mr. Hiestand was director of alternative investments at the $1 billion Indiana University Foundation, Bloomington, where he was replaced by Abe Weldy. Mr. Weldy was an investment analyst at the Oxford Financial Group.
Helen Dowsey joined Watson Wyatt Worldwide as a senior consultant in the firm's defined contribution business, said Paul Deane-Williams, also a senior consultant at Watson Wyatt. She will focus on business development and client consulting. The position was added because Watson Wyatt's defined contribution business "is an expanding part" of the firm's overall business, according to Mr. Deane-Williams. Ms. Dowsey reports to Kevin Stratford, senior consultant. Ms. Dowsey was defined contribution communications manager and relationship manager at Winterthur Life U.K. Helen Gilchrist, another defined contribution communications manager and relationship manager, and defined contribution communications specialist Caroline Durn are handling Ms. Dowsey's prior responsibilities at Winterthur, said Paul Riddell, spokesman. There are no immediate plans to replace Ms. Dowsey.