SACRAMENTO, CA – 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.
Contact:
External Affairs Branch
(916) 795-3991
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
Contact: Bob Burton, Information Officer
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