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CalSTRS Elevates Deputy CIO Chan to CIO
The California State Teachers’ Retirement System (CalSTRS), the world’s largest educator-only pension fund, named Scott Chan as CIO, effective July 1. Chan, who has served as CalSTRS deputy CIO since 2018, will replace longtime CIO Christopher J. Ailman, who is retiring.
In his new role, Chan will be responsible for developing and implementing CalSTRS investment policies, strategies and initiatives; managing a significant and complex budget; fostering a collaborative culture of excellence and diversity, equity and inclusion; and overseeing all CalSTRS investment portfolios.
“As deputy CIO, Scott has already brought so much value to CalSTRS,” CEO Cassandra Lichnock said. “He is helping lead the alignment of our organizational sustainability goals with our sustainable investing and net zero goals. I look forward to his partnership as we continue to fulfill our promise to California’s teachers.”
- ◦Financing
- ◦People
