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OPERS investments chief out | Ohio politics
 

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OPERS investments chief out

The woman in charge of investing more than $60 billion for nearly a million public workers and retirees resigned.

The Ohio Public Employees Retirement System announced Monday June 8 that Jennifer Hom, the pension system’s chief investment officer since 2005, has resigned for personal reasons

OPERS Chief Executive Chris DeRose praised Hom’s work ethic and accomplishments and said he would coordinate investments with senior staff until a new investment officer is hired.

Hom joined OPERS in 2002 as the fixed income portfolio manager, became senior investment officer of global bonds in 2003 and landed the top investment job in 2005.

Hom could not be reached for comment on Monday.

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By judy

June 9, 2009 7:59 AM | Link to this

I hope this doesn’t mean a scandal is to follow. Is the OPERS money secure. Will OPERS retirees be hit next?
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