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Deputy CIO bumped to lead spot at CT pension system

State Treasurer Denise Nappier has named Deborah Spalding as chief investment officer of the $30 billion Connecticut Retirement Plans and Trust Funds.

Spalding, deputy CIO since Nov. 2013, succeeds Lee Ann Palladino, who retired earlier this month. Nappier named Spalding interim CIO in May.

The CRPTF’s Investment Advisory Council on Wednesday unanimously approved Spalding’s promotion, Nappier said.

Spadling — a chartered financial analyst with master’s degrees in East Asian Religion, Business Administration and Forestry from Harvard University, the University of California at Berkeley and Yale University, respectively — most recently worked for New Haven investment management firm Working Lands Investment Partners.

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CRPTF is conducting a search for its next deputy CIO.