His son succeeded him as CEO and CIO in 2008.
Recommendation comes according to a preview of several to the agency’s Asset Management Advisory Committee presented on Friday.
His successor as CEO was announced in January.
The plan has named an acting executive director while a search for a permanent one is underway.
The new directors will succeed Matthew Worley, who will become cio in May.
They will join the $100 million quality value strategy.
Plan is seeking its next cio to oversee its $41 billion portfolio.
The hire is part of the asset management business’ separation from the international wealth management division.
They will assume their new responsibilities at the end of May.
A hospital based in the Mid-Atlantic region is seeking an investment analyst to help monitor and assess existing investments.