Angela Miller-May was named chief investment officer of the Illinois Municipal Retirement Fund, Oak Brook.
Ms. Miller-May will join the $53.1 billion pension fund on Aug. 16, spokesman John Krupa said in an email.
She will replace Dhvani Shah, who left in December to become become CIO of Deerfield Beach, Fla.-based JM Family Enterprises Inc.
IMRF Executive Director Brian Collins has been serving as interim CIO since Ms. Shah’s departure.
Ms. Miller-May is currently CIO of the $12.8 billion Chicago Public School Teachers’ Pension & Retirement Fund. She said in an email that her last day at that pension fund will be Aug. 13 and staff and the board is meeting internally to discuss an interim CIO.
“I am extremely excited to join IMRF as their new chief investment officer. IMRF exemplifies success with a strong investment portfolio, experienced teams and a diverse and collaborative culture. My focus will be to contribute to IMRF’s continued success and to grow and protect the Fund’s assets,” Ms. Miller-May said in the email.
“I am also grateful to Chicago Teachers’ Pension Fund where I have gathered knowledge and experience over the last 11 years. I will miss the CTPF investment team. They are a fearless, knowledgeable and innovative team and I know that they will continue to thrive. I will cherish the lasting relationships that I have built at CTPF and I look forward to developing new and collaborative relationships at IMRF,” she said.