Anne Simpson, director of corporate governance with the California Public Employees’ Retirement System, has been elected to the board of the Council of Institutional Investors.
Simpson, who was elected to the 15-member board during the CII’s annual meeting in Washington, D.C., joined CalPERS in 2009. In addition to her role in corporate governance she is a senior portfolio manager, investments.
Simpson previously was the executive director of the International Corporate Governance Network and head of the World Bank’s Global Corporate Governance Forum. She is a visiting professor and senior faculty fellow at the Yale School of Management, where she teaches corporate governance, and recently was appointed a member of the Investor Advisory Group of the Public Company Accounting Oversight Board.
CII is a nonprofit, nonpartisan association of pension funds and other employee benefit funds, foundations and endowments focused on corporate governance and shareowner rights.
“Anne is a passionate believer in shareowner rights and the role that good corporate governance practices play in sustaining and strengthening the companies we invest in,” said Anne Stausboll, CalPERS CEO. “She’ll be a strong voice on behalf of all investors for the financial reforms and sustainable financial markets that are so vital to our continued success.”
CalPERS, with $237 billion in assets under management, is the largest public pension fund in the United States, administering retirement benefits for more than 1.6 million people.