Oklahoma Teachers picks EFL to search for CIO

Oklahoma Teachers' Retirement System, Oklahoma City, hired EFL Associates to conduct a search for a chief investment officer, said Tom Spencer, executive director, in an e-mail.

An RFP for an executive search firm was issued in February.

The CIO's duties are currently being handled by the $14.4 billion pension fund's investment committee, investment consultant, Mr. Spencer and an investment analyst. OTRS has not had a chief investment officer in several years.

The CIO will work with the pension fund's investment consultant on OTRS' asset allocation and investment policy. He or she will report to Mr. Spencer.

The job posting is available on the National Association of State Retirement Administrators' website. A timeline for a hiring decision could not immediately be learned.