Gulf Investment Corporation (GIC), Kuwait, has appointed Russell Read as CIO and deputy CEO, Pensions & Investments reports. He will target an array of investment opportunities, including those in health care, agriculture and industrial development.

Read was CIO of the California Public Employees’ Retirement System, Sacramento, for two years and quit in April 2008. He then unveiled C Change Investments, a firm that invests in “green” technologies and where he will continue as a principal and senior adviser.

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