UN Pension Fund Launches Global Search for New CIO

Female candidates strongly encouraged.

The United Nations is issuing a global search for a new CIO to lead its pension fund.

The $50 billion-plus fund, known as the United Nations Joint Staff Pension Fund, has set forth the following requirements for candidates:

  • More than 20 years of proven progressively responsible experience in the management of economic, social security, and/or financial policies and activities for governmental or intergovernmental organizations or for substantial private concerns.
  • A proven track record of extensive relevant experience in the management of investment of complex portfolios of assets of various classes, such as pension funds, including their risk management, and in financial markets.
  • Demonstrated direct knowledge of and experience in managing financial, economic, and investment policies, including:
    (a) Defining and overseeing investment policy for substantial and diversified investment portfolios having long-term return objectives, including policies for investment objectives, risk appetite, and tolerance, the risk framework, the investment milieu, restrictions on investments, and social responsibility considerations;
    (b) Developing strategic asset allocation for portfolios aiming for long-term rates of return, particularly for defined-benefit pension or other similar long-term social security and similar benefit schemes where long-term asset-liability management considerations are paramount;
    (c) Developing, implementing and monitoring investment strategies and overseeing research on economic and other trends affecting financial markets;
    (d) Managing interdisciplinary and internationally diverse teams of financial professionals;
    (e) Reporting to and coordinating with governing organs (e.g., legislative bodies, boards, and committees) on investment, financial, and/or technical matters.

In addition, there will be a human rights screening for the position as well as the completion of a pre-appointment declaration of any conflicts of interests.

Applicants from anywhere in the world may apply by sending a cover letter and CV to the Secretariat of the United Nations at eosgapplications20178@un.org by August 28, 2017.

For more stories like this, sign up for the CIO Alert newsletter.

Female candidates are strongly encouraged to apply.

Tags: , , ,

CIO’s Transition Manager Survey Deadline Extended

Transition Managers can now be rated by clients via online questionnaire until August 4.

CIO is seeking to find the top-rated providers who will take the gold, silver, and bronze in this year’s industry-leading transition management survey. Last  year’s gold medal went to the investment bank Macquarie. 
CIO has decided to extend its Transition Management Survey until August 4.

Clients of transition management services can rate the performance of their transition managers over the past year via an online questionnaire.

Respondents can request up to 15 managers at once from a list, and also have the opportunity to write in and rate other managers not listed.

League tables:
In order to be included on any league table, a provider must provide at least 10 total responses.

Want the latest institutional investment industry
news and insights? Sign up for CIO newsletters.

A provider with at least five responses in each of any two regions will be eligible for the global league table.

Providers qualifying in just one region are considered regional. Six providers qualified for global ratings and four qualified as regional.

Minimum responses needed by region in order for a rating in that region are: United States (10); Canada (5); UK/Europe/MENA (5); and Asia/Pacific (5).

The survey is intended for public and corporate defined benefit plans, endowments & foundations, and other asset owners.

Tags: , ,

«