Breaking News: Kentucky Retirement Systems Names Steven Herbert New CIO
The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16.
The Kentucky Retirement Systems (KRS) has named asset manager and former consultant Steven M. Herbert its next chief investment officer.
Herbert will be the sixth investment head at the pension fund in about 13 years, replacing Rich Robben, the former executive director of investments at KRS, who left in September with Deputy Executive Director Andy Kiehl for consulting positions at Florida-based investment consulting firm AndCo Consulting.
Herbert has spent more than two decades in the institutional investment industry, including most recently serving nearly three years as chief operating officer (COO) at the Florida-based Augustine Asset Management.