Toru Shindo was named chief investment officer of the $80.3 billion United Nations Joint Staff Pension Fund, New York.
Mr. Shindo, who is currently deputy director, global equities, for the pension fund's office of investment management, will take on the role of CIO in June, UNJSPF spokeswoman Regina Oliveira said in an email.
He replaces Herman Bril, who had the title of director of the investment management division. Mr. Bril joined Arabesque Asset Management as its CEO earlier this year, according to that manager's website.
Ms. Oliveira said the CIO title is new. Mr. Shindo will solely oversee the investment management of the pension fund without the responsibilities overseeing independent risk management, compliance, operations and back office the director role included, she said.
Mr. Shindo reports to the representative of the secretary-general for the investment of the assets of the pension fund. Pedro Antonio Guazo Alonso was appointed to that role in July, succeeding Sudhir Rajkumar.
