Two longtime employees of the N.C. Department of State Treasurer are overseeing government retirees’ investment funds. Jeff Smith and Christopher Morris have been appointed interim directors of the treasurer’s Investment Management Division.
State Treasurer Dale Folwell made the announcement during the latest installment of his monthly “Ask Me Anything” session. He did not announce a timetable for naming a permanent director.
Smith and Morris have been leading day-to-day Investment Management operations since July, according to a news release from Folwell’s office. They took over for Kevin SigRist, who resigned as chief investment officer.
The division manages investments for the N.C. Retirement Systems.
Smith has worked for the treasurer’s office for more than 25 years, according to the release. He serves as director of fixed income.
Morris joined the treasurer’s office in 2005. He serves as director of risk management and asset allocation.