BETHESDA, MARYLAND –
September 27, 2011 – The 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 voice. The Committee on Investment
of Employee Benefit Assets (CIEBA) has
tapped Deborah Forbes as Executive Director to be its advocate to government
agencies, Congressional committees, and private organizations involved in
issues affecting CIEBA members.
Forbes was previously Legislative & Policy Counsel for the Pension
Benefit Guaranty Corporation, with prior experience as 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.
“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.
ABOUT CIEBA
The
Committee on Investment of Employee Benefit Assets (CIEBA) is a nationally
recognized forum for corporate pension plan sponsors on fiduciary and
investment matters. CIEBA is the voice of the Association for Financial
Professionals (AFP) on employee benefit plan asset management and investment
issues. CIEBA is composed of more than 100 of the largest corporate pension
funds in the U.S. with more than $ 1.3 trillion in retirement plan assets under
management on behalf of more than 16 million plan participants and
beneficiaries.
ABOUT AFP® (www.afponline.org )
The Association for Financial Professionals (AFP) is the daily resource for a
network of more than 16,000 treasury and finance professionals. Headquartered
outside Washington, DC, AFP provides members with news, economic research and
data, treasury certification programs, networking events, financial analytical
tools, training, and public policy representation to legislators and
regulators. AFP's global reach extends to over 150,000 treasury and financial
professionals worldwide, including AFP of Canada; London-based gtnews, an
on-line resource for the treasury and finance community; and bobsguide, a
financial IT solutions network.