Carol Boykin was named the top investment officer of the $52 billion United Nations Joint Staff Pension Fund, New York, said U.N. spokeswoman Vannina Maestracci.
Ms. Boykin, whose title is representative of the secretary-general for the investment of the assets, will start in October and will be responsible for the overall investment policy, oversight and management of the fund's investments and will work with the pension fund's CEO, Sergio Arvizu, and its board of directors. She will report directly to U.N. Secretary-General Ban Ki-moon.
The position is new.
Ms. Boykin is president of Bolton Partners Investment Consulting Group. Donald Lybrook, director of research and chief investment officer, will be interim managing director until a permanent replacement is named.