In Focus

CII Elects Board Members for 2024-2025

Aeisha Mastagni, California State Teachers’ Retirement System, was re-elected as board chair of the Council of Institutional Investors (CII) March 6. The other board officers for 2024-2025 are: Margaret Foran, Prudential Financial, co-chair; Michael McCauley, Florida State Board of Administration, co-chair; Tejal Patel, SEIU Affiliates’ Supplemental Retirement Savings Plan/SOC Investment Group, co-chair; Katy Hoffman, Teacher Retirement System of Texas, treasurer; and Michael Pryce-Jones, International Brotherhood of Teamsters, secretary. The full list of board members elected for 2024-2025 can be found here.

Members Also Approve Statement on Index Provider Consultation Processes

On March 6, CII’s U.S. Asset Owner Members approved a new policy that urges index providers to engage in a robust public consultation process when they are contemplating significant changes to benchmark indexes. Currently, when an index provider considers these changes, procedures for how to notify the public, obtain input and be transparent with respect to that input are left to the index provider’s discretion. CII’s policy says robust consultations are characterized by, at the least, broad dissemination such as through press releases, timely posting of response letters and public posting of comments. CII believes that these consultations are needed to maintain credible public due process that serves the interests of investors and the capital markets generally.

 

Upcoming Events


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CII Executive Director Opening

CII has retained national search firm Korn Ferry to coordinate the search for the next Executive Director. Interested candidates may view the candidate specifications and apply here