The position will be responsible for global risk management.
The plan concludes a search that began in February.
The search is due to the upcoming contract expiration of the plan’s incumbent.
The incumbent outsourced cio was first hired in 2017.
The plan began a search last year to succeed its retiring executive director.
The search will target multiple managers to each handle a maximum of $600 million.
The plan, whose incumbent was first hired in 2016, is seeking managers to handle between $30 million and $40 million.
The plan placed the firm on probation status at a meeting this week due to asset outflows.
The plan will first issue RFPs for global infrastructure and tactical asset allocation managers.
The plan will begin a search for core fixed-income managers next month.