Adam Tosh was named chief investment officer of $16 billion Kentucky Retirement Systems. He replaces John Krimmel, who resigned in May. William Hanes, executive director of the system, did not return calls seeking comment.
Mr. Tosh was a senior fixed-income strategist at MDL Capital Management. Mimi Forbes, an MDL spokeswoman, confirmed Mr. Tosh resigned in December 2005. Ms. Forbes said he left because of family reasons and not because of a lawsuit filed in June 2005 against MDL by the Ohio attorney general's office on behalf of the $14 billion Ohio Bureau of Workers Compensation. MDL is accused of losing $215 million of the bureau's money by investing in an unauthorized offshore hedge fund, according to the bureau. The trial is expected to begin in Franklin County Court in Columbus in July.
"Adam's a great guy and he left under positive circumstances," Ms. Forbes said.
Stephen Dowd was promoted to vice president, infrastructure, and Alan Wilson to vice president, fixed income, at the C$100 billion (US$85.2 billion) Ontario Teachers' Pension Plan, said Deborah Allan, spokeswoman. Both men were promoted from director and will not be replaced; Mr. Dowd is replacing Ron Lepin, who left, Ms. Allan said.
Wake Forest University, Winston-Salem, N.C., is searching for a chief investment officer for its $1.2 billion endowment fund to succeed Louis R. Morrell, the university's vice president for investment and treasurer, Mr. Morrell said in an interview. University officials are conducting the search and hope to have a successor in place by July 1. Mr. Morrell, who originally was scheduled to retire in June, will remain the university's treasurer, managing about $300 million in assets.
Wendy Notsinneh was named chief of governmental affairs at CalPERS, said Clark McKinley, spokesman. Ms. Notsinneh is replacing Lisa Marie Hammond, who became a staff attorney in the legal office of the $228.7 billion California Public Employees' Retirement System, Sacramento. Prior to joining CalPERS, Ms. Notsinneh served as chief of staff to former California Assemblymember Jackie Goldberg.
Peter Kraneveld, special adviser of international affairs, left the e81 billion ($105 billion) Stichting Pensioenfonds PGGM, Zeist, Netherlands, on Feb. 1, spokeswoman Ellen Habermehl said. No information on his plans was available by press time. Mr. Kraneveld's responsibilities at PGGM will be assumed by existing staff members, and there are no plans to replace him.
Gary A. Amelio, executive director of the $188 billion Federal Thrift Savings Plan, Washington, was named president of retirement services for ULLICO, effective Feb. 5, said Mark E. Singleton, ULLICO president and CEO. Federal Thrift plan officials retained executive search firm Heidrick & Struggles to conduct a search for Mr. Amelio's successor, according to spokesman Tom Trabucco.