Sat, Apr 29, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

CalPERS names Kathleen Webb new chief of risk, compliance and ethics

Friday, April 13, 2012
Opalesque Industry Update: The California Public Employees’ Retirement System (CalPERS) today announced the appointment of Kathleen K. Webb as the pension fund’s Chief Officer for Risk, Compliance and Ethics.

In this newly created position, Webb will be responsible for providing an independent assessment of CalPERS financial, compliance, legal, security, operational, reputational, political, and strategic risks. She will also provide day-to-day executive leadership for two key divisions within CalPERS Office of Enterprise Risk Management responsible for conducting enterprise and program risk assessments, developing an enterprise risk management framework, compliance of CalPERS retirement, health and investment programs, and cultivating a risk-intelligent culture.

Webb will also serve as an independent advisor and consultant to CalPERS Risk Committee and escalate issues to the full CalPERS Board as necessary.

She starts her new role on April 23 and will report to Russ Fong, Acting Chief Financial Officer for CalPERS.

“Kathleen comes to CalPERS with a wealth of experience in California state government,” said Fong. “We look forward to her leadership and guidance to ensure that CalPERS risk and compliance programs are strong, effective and in alignment with our strategic goals and objectives.“

Webb joins CalPERS from the California Correctional Health Care Services (CCHCS) where she served as Director of Policy and Risk Management Services with responsibility for litigation, inmate appeals, internal audits, health information privacy and program compliance for the last two years. She previously served as Chief of the Strategic Planning and Policy Branch for CCHCS coordinating the Federal Receiver’s Turnaround Plan of Action. Her prior State service also includes Deputy Director of the Department of General Services and Director of the Governor’s Office of the Insurance Advisor. Webb has a Bachelor of Arts degree in political science and women’s studies from the University of California, Berkeley.

CalPERs

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  3. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob

  4. Regulatory - 'Fist bumps' at hedge funds over Trump's tax plan[more]

    From Reuters.com: U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer. Trump, looking to make good on pledges for sweeping tax reform, on Wednesda

  5. Investing - Some of the world's biggest hedge funds think private equity stocks are cheap, International stock funds attract $1.8 billion post-French election, ValueAct unveils interest in KKR as firm shows earnings beat[more]

    Some of the world's biggest hedge funds think private equity stocks are cheap From Forbes.com: As institutional investors pile into new mega-sized private equity funds, allowing firms like Apollo, Blackstone, Carlyle and KKR to raise record amounts of cash, much of this gush of money has