US/AUSTRALIA - The New York State Common Retirement Fund and UniSuper have undergone senior staff changes.
Thomas P. Di Napoli, State comptroller, commented: "She will work with me to ensure the fund maintains its strong long term track record and operates with a priority on ethics and transparency."
Nick Smirensky has been appointed deputy CIO, while Dorothy Casey has joined as chief administration officer, and Sheila Stamps as director of fixed income investments and cash management.
In Australia, Ann Byrne has announced she will step down as CEO of UniSuper in early March 2008 after seven years in the position.
Under her leadership, UniSuper was created from the merger of the SSAU and TESS funds in 2000.
Byrne said: "I am confident that I am leaving UniSuper in good shape as it reaches this milestone, and that the organisation is very strongly placed to face the challenges of the next 25 years and beyond for its members."
UniSuper said one of Byrne's biggest achievements was to create an in house investment team which was recognised within the industry for its skill and depth of resources.
Byrne is also a board member for the Association of Superannuation Funds of Australia (ASFA) and deputy president of the Australian Council of Superannuation Funds.
The superannuation fund has begun looking for Byrne's replacement.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers