News release | Amy Norris
WEST SACRAMENTO, Calif. (December 21, 2020) – Scott Chan, CalSTRS Deputy Chief Investment Officer, was elected to the Toigo Governing Board of Directors, effective January 1, 2021.
The Toigo Foundation fosters career advancement and increased leadership presence of underrepresented talent in the financial industry.
“We are delighted that Scott was elected to join the Toigo Governing Board. CalSTRS has been a valuable partner of Toigo since its inception over three decades ago, and having someone of Scott’s experience, commitment and integrity is a huge gift to the organization,” said Sue Toigo, Founder. “I’m personally very honored to be able to work with him to advance the Toigo Foundation’s mission.”
Toigo works with leaders at organizations of all sizes, in finance and beyond, to create and implement high impact solutions that drive inclusion and diversity.
Toigo’s mission is to transform the performance of forward-thinking organizations through education and strategies that drive greater inclusion and the ongoing development and promotion of exceptional diverse leaders.
Toigo has been recognized and operated within this landscape for 30+ years—first through its MBA Fellowship supporting more than 1700 diverse leaders to date, and more recently extending its work through every aspect of leadership advancement programming.
“CalSTRS recognizes the importance of diversity, equity and inclusion as a means to drive value in the investment management profession and in corporations,” said Scott Chan, CalSTRS Deputy Chief Investment Officer. “I am honored to serve on the Toigo Board of Directors, and work with an organization that is aligned with CalSTRS’ values and goals.”
Chan has served in his position at CalSTRS since August 2018 and invests more than $260 billion in assets under management to secure the retirement future for California’s public educators. Chan is also an advisory board member of the Institutional Investors Roundtable, the Chartered Alternative Investment Analyst Association, the Alternative Investors Forum, Institutional Investor’s Public Funds Roundtable and the UCSD Pacific Center for Asset Management.
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CalSTRS provides a secure retirement to more than 975,000 members whose CalSTRS-covered service is not eligible for Social Security participation. Members retire on average after more than 24 years in the classroom with a monthly benefit of approximately $4,547. Established in 1913, CalSTRS is the largest educator-only pension fund in the world with approximately $275 billion in assets under management as of November 30, 2020. CalSTRS demonstrates its strong commitment to long-term corporate sustainability principles in its annual Global Reporting Initiative Sustainability Report. For more information, visit CalSTRS.com.