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The appointment is part of a realignment of Prudential Financial’s senior business leadership structure.
The deferred compensation plan appears to have rehired its incumbent in a search that began in October.
The retirement system’s incumbent executive director will retire on March 31 after nearly 30 years of service, the last decade of which came in her current role.
The retirement fund is also scheduled to review a core infrastructure manager for potential inclusion in the portfolio in February.
The retirement system also hired an international all-cap growth equity manager and four infrastructure managers this week.
The city is seeking non-discretionary portfolio management services for its $40 million investment portfolio.
The decision followed finalist interviews with two firms at last month’s board meeting.
The firm appointed its president of EMEA and global head of institutional banking and markets as co-presidents of asset serving as the current head is set to retire after 40 years at the firm.
The newly integrated division is now one of the largest in the country for institutional advisory services, strengthening retirement, outsourced cio and endowment capabilities across a unified national platform.