Calpers investment chief Ben Meng leaves after 18 months
Calpers calls emergency board meeting after California state controller cites CIO's 'lapse of judgment and adherence to conflict-of-interest policies'
06 August 2020 - 20:43
New York — The California state controller said Ben Meng’s departure from the California Public Employees’ Retirement System (Calpers) followed an unspecified “lapse in both judgment and adherence to standard conflict-of-interest policies”.
Betty Yee issued a statement on Thursday after Calpers announced the chief investment officer’s exit, citing his wish to focus on his health and family. Yee did not elaborate...
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