Manager SelectionOctober 18, 2023

Illinois Teachers’ Names Ghiané Jones as Deputy CIO

Previously an investment consultant with Meketa, Jones started in the newly created position on October 10.

Reported by Matt Toledo

The Teachers’ Retirement System of the State of Illinois has filled its newly created role of deputy CIO by announcing the hire of Ghiané Jones, who started on October 10.

“Ghiané has a strong background in asset allocation, knows the challenges facing Illinois public plans well, and has worked on and is committed to diversity programs such as ours, “said Stan Rupnik, TRS executive director and CIO, in a statement. “I look forward to working with her and adding her leadership and experience within our investment program.”

Jones was previously a managing principal in investment consultant at Meketa Investment Group. Prior to that, she held roles at Invesco, Northern Trust and Goldman Sachs. She earned a bachelor’s degree in economics from Hamilton College.

The Illinois fund is the 42nd largest pension system in the U.S., with $67 billion in assets under management as of August 31, according to the firm. It provides retirement, disability coverage and other benefits to teachers, administrators and other public-school employees in the state, outside of Chicago.