Michael Donatucci was named chief investment officer at the Philadelphia Board of Pensions and Retirement, said Rob Dubow, city finance director and chairman of the $5.3 billion pension fund.
Effective June 1, Mr. Donatucci replaces Brad Woolworth, who left Friday for “family reasons,” Mr. Dubow said.
Mr. Donatucci, is a client investment strategist at SEI Investments. SEI spokesman Frank Wilkinson said the company is evaluating how to best handle Mr. Donatucci’s responsibilities once he leaves.