Corey Amon, former director of the New Jersey Division of Investment, was named chief investment officer of the National Rural Electric Cooperative Association, confirmed Stephen Bell, a spokesman for the Arlington, Va.-based trade association, in an email.
Effective June 7, he will replace John Szczur, who is retiring.
Mr. Amon will oversee NCERA’s three employer benefit plans totaling $25 billion in assets.
As director of the New Jersey Division of Investment, Mr. Amon oversaw the unit that manages investments for the $85.8 billion New Jersey Pension Fund, Trenton. Shoaib Khan, deputy director of the division, will serve as acting director, a news release from state Treasurer Elizabeth Maher Muoio’s office said.
“Corey’s hard work and commitment have placed the Division in a strong position as we begin to emerge from the COVID pandemic. His dedication to pension fund members and the way he honored his fiduciary duty has been commendable. We are thankful for his service and wish him all the best as he embarks on the next chapter of his career,” Ms. Muoio said in the release.
In the release, Mr. Amon added: “The experience I have gained at the Division has afforded me a new career opportunity that I am excited to embark upon. It has been my privilege to serve as director.”