Scott Anderson was named chief investment officer of the North Dakota Retirement & Investment Office, Bismarck.
He replaces David J. Hunter, who resigned in June, and in December was named CIO of the $36.4 billion Texas Municipal Retirement System, Austin.
Mr. Anderson will join the North Dakota office during the week of Jan. 17, he confirmed in a phone interview . Eric Chin, the office's chief risk officer, is currently serving as interim CIO.
Previously, Mr. Anderson was managing director of corporate development and mergers and acquisitions at American Family Insurance, he said.
Before joining American Family Insurance, he was managing director of asset and risk allocation at the $157.9 billion State of Wisconsin Investment Board, Madison, according to the news release.
Mr. Hunter was also executive director of the North Dakota office and was replaced in November in that role by Jan Murtha, the office's deputy executive director – chief retirement officer.
The North Dakota Retirement & Investment Office oversees the investment management of the assets of the state's $8.2 billion Legacy Trust Fund, $7.5 billion pension assets pool and $3.1 billion insurance trust.
