Ravindra Deo was named chief investment officer of the Federal Retirement Thrift Investment Board on Wednesday. The board oversees the $437 billion Thrift Savings Plan, Washington.
Mr. Deo will replace current CIO Tracey Ray on April 1. Ms. Ray, who held the position for 10 years, is retiring but will stay on for a brief transition period, spokeswoman Kim Weaver said.
Mr. Deo most recently was CIO and chief technology officer for Altura Capital Group, responsible for large institutional clients. Before that, he held CIO positions with Accessor Capital and Leland O’Brien Rubinstein.
“Ravi has the skills and experience we were seeking to manage the Thrift Savings Plan,” Executive Director Greg Long said in a statement.