Sarah N. Corbett, who was named executive director of the $29.9 billion South Carolina Retirement System Investment Commission, Columbia, on June 3, resigned earlier this month.
Ms. Corbett resigned from the commission for “personal reasons,” primarily to spend more time with her young family, said Edward N. Giobbe, chairman of the investment commission, in an interview. He added “the commission will determine the process for hiring a new executive director.”
Ms. Corbett was the commission's first executive director. The position was created as one of the first recommendations to be implemented from a fiduciary audit report from Funston Advisory Services.
Ms. Corbett had a 15-year tenure with the investment commission and retirement system, most recently in a dual role as director of operations and operational due diligence director.
Ms. Corbett could not be reached for comment.