Doug Wesley to retire as Illinois SURS CIO

Doug Wesley, CIO at Illinois State Universities Retirement System for nearly seven years, is set to retire March 1, 2024.

Wesley was appointed CIO in March 2017 by the SURS Board of Trustees. Prior to that, he served as interim CIO for eight months following former CIO Dan Allen’s retirement in August of 2016. He was deputy chief investment officer for 10 years prior to being named interim CIO. His career with SURS has spanned nearly 30 years.

“Doug has played a critical role at SURS during his tenure, advancing our initiatives and successfully leading the investment team in building a strong $23.2 billion portfolio,” said executive director Suzanne Mayer. “His knowledge, dedication and steadfast demeanor have been invaluable, and he will be greatly missed.”

Wesley led the investment