Deborah Shufrin was named chief investment officer at Colby College.
She will lead the Waterville, Maine-based college's investment office overseeing the college's $1 billion endowment effective April 1. Ms. Shufrin will replace Hugh O'Donnell, who left the college Oct. 1, a spokesman said in an email.
Mr. O'Donnell has since become founder and managing partner of venture capital fund True Equity, according to SEC filings.
Harris S. Sibunruang, director of investments, is currently serving as interim CIO, according to the college's website.
Ms. Shufrin is currently deputy CIO at Brandeis University, Waltham, Mass., where she works in the investment office overseeing the college's $1.1 billion endowment.
Nicholas A. Warren, CIO at Brandeis, said in an email: “We are incredibly excited for Deb and her new role is well deserved. It is a significant loss for our team, and I will miss her greatly as she has been an astounding thought partner for the past 10 years. She is a talented investor across all asset classes and fun to work with.”
The university was already conducting a search for an associate director of investments, but will also seek a director of investments to replace Ms. Shufrin. He added job listings should be up in the next week or two.