UN seeks new investment chief

The investment director of the $36bn (€28bn) United Nations Pension Fund has resigned amid a reshuffle prompted by the appointment of Ban Ki-Moon, the organisation's new secretary-general, according to sources at the fund.

Chieko Okuda, who is Japanese, handed in her resignation, but remained in office according to a spokesman for the UN, who said news of her departure had originated from staff within Okuda's department.

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