The California Public Employees’ Retirement System (CalPERS) has appointed Larry Jensen as its new chief risk officer. Jensen has been the risk officer of the fund on an interim basis since October 1, 2010, when he was hired to lead the new office of enterprise risk management and to independently assess risk for CalPERS. Jensen will also serve as an independent adviser and consultant to the board’s ad hoc risk committee. He will be reporting to deputy executive officer for operations, Steve Kessler, CEO Anne Stausboll and the CalPERS board.

Click here for the release from CalPERS.