Florida Fund Taps New CIO

September 9, 2002 (PLANSPONSOR.com) - The Florida State Board of Administration (FSBA) has named a new chief investment officer for its $116-billion portfolio, which includes its $85-billion public employee pension fund.

The FSBA said Barbara Jarriel would report to Coleman Stipanovich, recently named FSBA executive director.

Jarriel has served as chief of fixed income at the FSBA where she was responsible for $50 billion in fixed income investments. Before that, she was a portfolio manager, managing both active and passive fixed income portfolios.

Jarriel has an accounting degree from Florida State University, the announcement said. She is a Chartered Financial Analyst (CFA), a Certified Public Accountant (CPA) and a member of various related professional associations.

Other than the Florida Retirement System Trust Fund, the FSBA also manages the Local Government Investment Pool, the Florida Hurricane Catastrophe Fund, the Lawton Chiles Endowment Fund, and a number of smaller trust funds.