The firm will rebrand to Allspring Global Investments and be led by a new ceo.
The new hire will join the firm in October.
The new hire will replace Steve Bolze, who will retire from the position in the fourth quarter.
Steve Yoon, investment officer for the $4 billion Municipal Employees’ Annuity and Benefit Fund of Chicago, answer 5 questions for fin|news.
He will oversee strategy, marketing and communications and global client management.
The current CIO is assuming a new role as global head of client relations.
The current Co-CIO is retiring at the end of the year.
He will oversee operations, technology, data governance and architecture, change management and strategic vendor oversight.
The assistant ceo will leave the plan and relocate to Washington.
Her future plans are unknown at this time.