Douglas Anderson was named executive director of the $22.6 billion Minnesota Public Employees Retirement Association, St. Paul.
He replaces Mary Most Vanek, who retired in January. David DeJonge, assistant executive director, had served as interim executive director.
Mr. Anderson is serving as PERA executive director on a part-time basis until Jan. 1, when he moves to full-time status, he told members of the investment advisory committee of the $77 billion Minnesota State Board of Investment at a meeting on Tuesday. The board oversees investment of PERA assets as well as other state retirement assets.
Mr. Anderson is assistant vice president, actuarial and retirement services, at Gallagher Benefit Services. He has not been replaced yet.