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September 17, 2014 01:00 AM

Maryland pension fund seeking firm to recruit CIO

Hazel Bradford
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    Maryland State Retirement & Pension System
    A. Melissa Moye left the Maryland fund in August to take a job with the U.S. Treasury Department.

    Maryland State Retirement & Pension System, Baltimore, is searching for an executive search firm to find a new chief investment officer for the $45.7 billion pension fund.

    A. Melissa Moye resigned Aug. 4 from the post to become a senior policy adviser with the Treasury Department’s office of state and local finance. Deputy CIO Robert Burd is serving as acting CIO.

    The RFP is available on the pension fund’s website. Proposals are due Sept. 22 by 2 pm EDT.

    The contract period is 24 months from the date of the award, but “we would hope to get this done fairly quickly,” said spokesman Michael D. Golden.

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