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The North Dakota State Investment Board (SIB) is pleased to announce that the position of Executive Director of the North Dakota Retirement and Investment Office (RIO) has been filled. At its meeting on November 19, 2021, the SIB offered the position of Executive Director to Jan Murtha, effective immediately. Ms. Murtha has been serving as Interim Executive Director since the departure of Mr. Dave Hunter in June, 2021. In accepting the position Ms. Murtha notes, “I’m humbled by the Board’s confidence, and will endeavor to perform my duties in a manner befitting that confidence. Our agency has much to do over the coming months in support of both the investment and retirement programs; but with our amazing staff, including our outstanding Chief Financial Officer – Chief Operating Officer Ms. Connie Flanagan, and our Interim Chief Investment Officer Mr. Eric Chin, the additional resources recently granted by the North Dakota Legislature for which we are very grateful, and the guidance and support of the SIB and Teachers’ Fund for Retirement Board, I’m excited to see all that we can and will achieve.”

Ms. Murtha, originally from Michigan, earned her Bachelor of Arts in Economics & Management from Albion College (Albion, MI), her Juris Doctor from Marquette University Law School (Milwaukee, WI), and her Master in Public Administration & Policy from American University (Washington, D.C.). She has practiced law, beginning in 2002 and predominantly on behalf of government entities, in Wisconsin, Minnesota, and North Dakota. She was hired by the RIO as its Deputy Executive Director – Chief Retirement Officer in June, 2020.

The TFFR Board will meet in December to discuss proceeding with a search for a new Deputy Executive Director – Chief Retirement Officer.

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