DCIIA Membership Elects New Leaders and Announces Formation of the DCIIA Retirement Research Center
Washington, D.C. (PRWEB) December 10, 2013 -- The Defined Contribution Institutional Investment Association (DCIIA) gathered in Atlanta on December 5th for its annual Membership Board Meeting and elected members to serve on their Executive Committee for a two year term. The membership elected James Sia of GMO LLC, as DCIIA Chair to succeed Toni Brown of Capital Group, who will serve as DCIIA’s Immediate Past Chair. In addition, the DCIIA membership elected Lori Lucas of Callan Associates to serve as Vice Chair and David Musto of J.P. Morgan, Mary Beth Glotzbach of Morningstar, Marla Kreindler of Morgan Lewis, Ross Bremen of NEPC and Jed Petty of Wellington Management Company were all appointed to serve on DCIIA’s Operating Committee through 2015. Additional DCIIA members elected to serve on the Executive Committee were:
Don Butt (Plan Sponsor Advisory Committee Representative)
Dan Campbell, Aon Hewitt (at-large)
Martin Campbell, Reliance Trust (Plan Administration Committee Chair)
Drew Carrington, Franklin Templeton (at-large)
Richard (Dick) Davies, Russell Investments (at-large)
Mark Fortier, State Street Global Advisors (Retirement Income Committee Vice Chair)
Paul Gamble, F Squared (Research & Surveys Chair)
Allegra Heyligers, BlackRock (Research & Surveys Vice Chair)
Jeanne La Porta, GE Asset Management (at-large)
David Levine, Groom Law Group (at-large)
Chris Lyon, Rocaton (Investment Policy & Design Committee Vice Chair)
Cynthia Mallett, Met Life (at-large)
Joan McDonagh, Great West (Public Policy Chair)
Laurie Nordquist, Wells Fargo (at-large)
Mike Raso, Old Mutual (Public Policy Committee Vice Chair)
Stacy Schaus, PIMCO (Global Committee Chair)
James Smith, Morningstar/Ibbotson (Retirement Income Committee Chair)
Don Stone, Plan Sponsor Advisors (at-large)
Jody Strakosch, Strakosch Retirement Strategies (at-large)
Steve Ulian, Bank of America Merrill Lynch (Plan Administration Committee Vice Chair)
Kevin Vandolder, Hewitt EnnisKnupp (Global Committee Vice Chair)
Suzanne van Staveren, Goldman Sachs (at-large)
“I’m excited to work closely with Jim and Lori to help provide strategic direction for DCIIA going forward. They have been a big part of helping DCIIA grow from a novel concept at our first meeting four years ago (that we could create a forum for the defined contribution industry to work together and focus on improving outcomes for defined contribution plan participants) to a robust organization that has brought together a diverse coalition of over 1200 defined contribution industry leaders from 140 member firms,” said Lew Minsky, DCIIA’s Executive Director. Jim Sia added “we have made great strides over the past four years, but it is more important than ever that leaders in the defined contribution community come together and focus on the best interests of plan participants.” Minsky then noted that “only by looking beyond the issues of theology that too often divide us, can we have a significant and lasting impact on the retirement security of American workers.”
As Chair and Vice-Chair respectively, Sia and Lucas will lead DCIIA’s Executive Committee, which is the primary advisory body charged with helping to provide strategic direction and ensuring that DCIIA’s projects and priorities are aligned with the organization’s mission and core beliefs. They will also lead DCIIA’s Operating Committee, which is responsible for oversight of DCIIA’s finances, staff, and operations.
DCIIA also used the Membership Board Meeting to announce the upcoming formation of the DCIIA Retirement Research Center. DCIIA’s incoming Vice Chair, Lori Lucas, explained that “the creation of the DCIIA Retirement Research Center will allow us to more effectively work with DCIIA’s member firms, academic thought leaders, plan sponsors and others in the retirement industry to develop informed and actionable research that is guided by DCIIA’s core belief that Defined Contribution Plans, when designed well and delivered effectively using institutional best practices and the insights of behavioral finance, can effectively provide retirement security to American workers.” Lucas went on to emphasize that “DCIIA will be focused on pursuing practical research that informs better decision-making and offers meaningful and actionable steps towards improving retirement outcomes.”
About DCIIA
The Defined Contribution Institutional Investment Association (DCIIA) is a nonprofit association dedicated to enhancing the retirement security of American workers. Toward this end, DCIIA fosters a dialogue among the leaders of the defined contribution community who are passionate about improving defined contribution outcomes. DCIIA members include investment managers, consultants, law firms, record keepers, insurance companies, plan sponsors and others committed to the best interests of plan participants. For more information go to: http://www.dciia.org.
Lew Minsky, Defined Contribution Institutional Investment Association, http://www.dciia.org, +1 (202) 367-1124, [email protected]
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