The California Public Employees’ Retirement System (CalPERS) is planning to appoint four people for its risk management programs, Pensions & Investments reports. The system will hire a senior manager and team leader, an investment compliance manager, an operational compliance officer and an operational risk officer.

The officers will develop and implement investment management industry best practice compliance monitoring and operating risk management programs. CalPERS has about $235.2 billion in assets under management.

Click here for the story from Pensions & Investments.