New Jersey Department of the Treasury is looking for a director/CIO, Pensions & Investments reports. The new appointee will manage the state’s seven defined benefit pension funds under its New Jersey Division of Investment subsidiary.

The new hire will report to Andrew Sidamon-Eristoff, New Jersey state Treasurer and will manage the investment of $67.4 billion. William Clark, the previous director/CIO, has been appointed as senior vice president and CIO at the Federal Reserve System’s office of employee benefits.