US – CalPERS has named Anne Stausboll as assistant executive officer, tasked with overseeing external manager and consultant searches and the coordination of internal investment policy.

The California Public Employees' Retirement System said Stausboll would become assistant executive officer of investment operations in September, reporting to chief investment officer Mark Anson.

“Stausboll will work closely with CalPERS’ senior investment officers to implement investment strategies for the System's real estate, alternative investment and public market portfolios, including the development of portfolio trade and management systems,” the 160 billion-dollar scheme said.

“She will also have oversight of the search process for external managers, advisors and pension consultants, coordinate internal investment policy, and represent CalPERS on investment-related legislation at both the State and federal level.”

She will also be responsible for cash management and master custody arrangements with banks, the California State Controller's Office, and the California State Treasurer's Office.

"We're fortunate to gain the talent and expertise of Anne," said Anson. "Her strong leadership, policy development skills, and project management experience in State government will serve us well in the administration of our investment programs."

She was formerly chief deputy treasurer of California and worked for CalPERS before, as deputy general counsel.