Scott Chan has been appointed as the Chief Investment Officer (CIO) of California State Teachers’ Retirement System (CalSTRS), effective July 1. As the world’s largest pension fund for educators, CalSTRS made this decision to replace retiring CIO Christopher J. Ailman.
In his new role, Chan will be responsible for developing and implementing investment policies, strategies and initiatives at CalSTRS. He will also oversee a significant budget and promote a culture of excellence that values diversity, equity and inclusion within the organization.
According to CEO Cassandra Lichnock, Chan has already brought immense value to CalSTRS in his previous position as deputy CIO. His leadership skills have helped align organizational sustainability goals with sustainable investing and net zero goals. Lichnock looks forward to working closely with him in fulfilling their promise to California’s teachers.
The article “CalSTRS Elevates Deputy CIO Chan to CIO” was originally published on Connect CRE.
