Baylor Scott & White Loses CIO | Chief Investment Officer

Mark Amiri (Art by Tim Bower)Baylor Scott & White CIO Mark Amiri has departed the $5.7 billion health care fund, the hospital confirmed to CIO.

Amiri’s last day was April 10. Chief Debt Officer Frank Anderson has taken on the additional role of CIO of the fund, which includes $2.5 billion in defined contribution assets.

Amiri joined Baylor Scott & White in 2008 following a 27-year tenure at Ascension Health, where he served as treasurer. At Ascension, Amiri was responsible for a $7 billion pooled investment program, $6.5 in pension assets, and a debt portfolio in excess of $4 billion.

As Baylor Scott & White’s CIO, Amiri won CIO’s 2015 Industry Innovation Award for health care organizations.

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Amiri holds a bachelor’s degree in accounting and an MBA from the University of Missouri-St. Louis.

Johnson & Johnson has appointed an Exelon investment director to lead its pension fund, CIO has learned.

Neil Roache, formerly director of investment strategy and public markets at Exelon, has been named CIO of the $22.3 billion corporate plan, Johnson & Johnson confirmed Monday.

Prior to joining Exelon, Roache had served in a public markets role at UPS.

Exelon CIO Doug Brown said Roache will be missed, but he will do a “great job” at Johnson & Johnson.

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“Neil made a tremendous contribution to the success of the Exelon investment program,” Brown told CIO. “Personally, I am very happy for Neil as he has earned the opportunity to be a CIO.”

Johnson & Johnson ranks among the 20 public US corporations with the largest pension liabilities worldwide. As of fiscal year 2015, the fund had invested 79% in stocks and 21% in fixed income.