Institutional Investors People Moves

Ohio names executive director

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Karen Carraher, Ohio Public Employees Retirement System director of finance, will become the $76 billion pension fund’s next executive director.

The appointment takes effect immediately and was announced by board of trustees chairman Ken Thomas, who said that Carraher along with the leadership team at Ohio will maintain the pension system’s forward momentum both organisationally and with all the initiatives facing executives.

Carraher officially began 28 February as interim director of the Ohio PERS, the largest public pension fund in Ohio and 12th largest in the United States.

Carraher joined Ohio PERS in December 2002 after serving as