A group that represents more than 100 of the largest corporate pension plans, with more than $1.3 trillion in plan assets, has found a new executive director.
The Committee on Investment of Employee Benefit Assets has asked Deborah Forbes to act as its executive director advocating to government agencies, Congressional committees and private organizations involved in issues affecting CIEBA members.
Forbes previously served as legislative and policy counsel for the Pension Benefit Guaranty Corp., pension counsel for the U.S. Senate Committee on Health, Education, Labor and Pensions and as an associate at Covington & Burlington. She fills a vacancy left by Judy Schub, who passed away last year.
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"CIEBA is committed to strengthening the private sector pension system so that it continues as a major source of retirement income for millions of Americans," said CIEBA Chairman Ralph J. Egizi, who is also Director, Benefits Finance & Investments, Eastman Chemical Company. "We believe we have found the right individual to help CIEBA continue to be a well-respected voice for representing employee plan participants."
Forbes also will represent CIEBA in public forums, develop conference programs for members, lead the group's research activities and handle membership recruitment.
CIEBA is a nationally recognized forum for corporate pension plan sponsors on fiduciary and investment matters. It is the voice of the Association for Financial Professionals on employee benefit plan asset management and investment issues.
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