Paula Volent, chief investment officer at Bowdoin College, will step down June 30.
Ms. Volent, who has had the top investment position at the Brunswick, Maine-based college since the summer of 2000, is leaving "to pursue the next chapter" of her career, a news release said Thursday.
She oversees the college's $1.8 billion endowment. Further information about a potential replacement was not provided in the news release.
"Paula and her team have produced remarkable investment returns for Bowdoin that changed both the trajectory of the college and the lives of thousands of students who benefited from the financial aid resources generated from its endowment," said Clayton Rose, president of the college, in the news release.
College spokesman Doug Cook could not be immediately reached for further information.