Deals and People January 6, 2009

CIEBA Taps Hunkeler as Chair

January 6, 2009 (PLANSPONSOR.com) - The Committee on Investment of Employee Benefit Assets (CIEBA) named Robert M. Hunkeler, Vice President - Investments, International Paper Company, as its new chairman, effective January 1, 2009.
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The group said in a news release that Hunkeler succeeds William F. Quinn, Chairman and CEO, American Beacon Advisors, and will serve for a two-year term (See (k)Plans: Time Out ). As CIEBA Chair, Hunkeler also serves on the Association for Financial Professional’s (AFP’s) Board of Directors.

“I am eager and excited to work with CIEBA on the host of serious and complex pension management issues facing us today,” said Hunkeler, in the announcement. “CIEBA will continue to be at the forefront of promoting policies that benefit both defined benefit and defined contribution plans and the workers and retirees who depend on them.”

Robin L. Diamonte, Chief Investment Officer, United Technologies Corporation, and Ralph Egizi, Director, Benefits Finance and Investments (Chief Investment Officer) of Eastman Chemical Company, assumed roles as vice chairs of CIEBA, the organization said.

Diamonte oversees UTC’s $30 billion in retirement assets. Egizi is responsible for Eastman Chemical Company’s $3 billion in employee benefit assets.

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