Steve Willer was named chief investment officer of the Kentucky Public Pensions Authority, Frankfort.
He replaces Steven Herbert, who left the authority on May 31, said David Eager, executive director. Mr. Willer, who officially took the title of CIO on July 16, was previously deputy CIO and had been serving as interim CIO since Mr. Herbert's departure, said Mr. Eager.
Regarding Mr. Herbert's departure, Mr. Eager said KPPA does not comment on personnel issues.
Anthony Chiu, director of private equity and alternative investments for the authority, was named deputy CIO.
The Kentucky Public Pensions Authority oversees about $22 billion in pension fund and insurance plan assets of the Kentucky County Employees' Retirement System, and the Kentucky Retirement Systems, which consists of the Kentucky Employees' Retirement System and Kentucky State Police Retirement System.