T. Rowe Hires Former Maryland Pension Exec Steven Huber

February 7, 2007 (PLANSPONSOR.com) - T. Rowe Price has hired Steven Huber, formerly the chief financial officer of the Maryland State Retirement and Pension System, as a senior analyst in its Fixed Income Division.

Huber, 48, will be responsible for coming up with investment strategies, helping develop new products and will work with the fixed income investment teams and portfolio specialists to help manage and develop the firm’s relationships with the institutional and retail markets, according to a press release .

Before his three-year term with the Maryland system, Huber was director of fixed income for ING subsidiary Aeltus Investment Management. Before that he served as head of asset allocation/quantitative strategy and was a portfolio manager for multi-sector institutional and retail fixed income portfolios within Aeltus, a then-subsidiary of Aetna Life & Casualty.

“[Huber’s] experience as both a portfolio manager and manager of a public pension fund, combined with his extensive quantitative and actuarial background, will be a tremendous asset to the firm and our clients,” said Mary Miller, director of fixed income at T.Rowe, in the press release.

Huber holds a master’s of business administration from the University of North Carolina.