The global fund manager announced the appointment of Theresa Whitmarsh – also the executive director of the Washington State Investment Board (WSIB) – on Tuesday.
Having led the WSIB for almost two decades, Ms Whitmarsh joins IFM to help “continue delivering on its purpose, which is to protect and grow the long-term retirement savings of working people”.
Ms Whitmarsh is now the second IFM board member from North America.
“I’m delighted that Ms Whitmarsh is joining IFM as an independent director,” IFM Investors chair, Greg Combet, said.
“Her skills and experience as a steward of investments will be a great asset to IFM, as we continue to pursue a global growth strategy, in fulfilment of our purpose to protect and grow the retirement savings of working people.
“Ms Whitmarsh is a global leader in the public pension capital sector and has a record of delivering incredible results – having someone of her calibre and with her values on the Board positions IFM well now and into the future.”
Ms Whitmarsh added: “It is a great honour to join the Board of IFM Investors and I look forward to making a lasting contribution, particularly at such an exciting time in the life of IFM.”
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.
