New investment chief at California teachers' fund

The Sacramento-based California State Teachers' Retirement System (CalSTRS) has appointed Christopher Ailman from the Washington State Investment Board (WSIB) as its new chief financial officer.

Emma Zink, chairperson at CalSTRS, said: &quotAilman brings the perfect mix of experience, management skills and track record to continue our excellent portfolio performance. Recognising that there's always room for improvement and innovation, we look forward to the impact his ideas and energy will have on the fund.&quot

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