Patricia S. Bishop was named director of the $68 billion Virginia Retirement System, Richmond.
The announcement was made at the board of trustees meeting Friday.
Ms. Bishop joined VRS in 2008, and served as deputy director until Feb. 16 when she became acting director, replacing Robert P. Schultze, who left to become president and CEO of ICMA-RC. Korn/Ferry International conducted a national search for his replacement.
“To have someone of high quality and capability already on our team says a lot about the strength and talent within our organization,” VRS Board Chairman Robert L. Greene said in a statement.
