Maryland State Treasurer’s Office, Annapolis, is searching for an executive director for the College Savings Plans of Maryland, said a job posting on the National Association of State Retirement Administrators’ website.
The plans are the Maryland College Investment Plan and Maryland Prepaid College Trust, which have about $3 billion and $770 million in assets, respectively.
The treasurer’s website lists Andrew Friedson as the plans’ interim executive director. Mr. Friedson could not be reached for information on his predecessor and the search for a permanent executive director by press time.
The executive director organizes, directs and controls all operations of the plans, including “procuring a wide range of outsourced services, including investment managers, financial advisers, actuaries and marketing representatives,” according to the job posting.
The job posting is available on NASRA’s website.
It is also available on the state treasurer’s website.
Applications are due by Sept. 25. A timeline for a hiring decision was not disclosed.