The Maryland State Retirement and Pension System (MSRPS) has selected Martin Noven as the system’s new executive director, following a nationwide search
Noven will take over for R. Dean Kenderdine, who will retire from his 14-year post in June.
Noven previously served as executive director of the $22 billion Illinois State Universities Retirement System from 2016 to February 2021. Prior to joining SURS, Noven was senior director for government markets at TIAA and also held various management positions at the Illinois State Treasurer’s Office from 1993 to 2007.
“The State Retirement and Pension System Board of Trustees is extremely pleased with the selection of Martin Noven,” said Nancy Kopp, Maryland state treasurer, who chairs the board of trustees. “He comes to Maryland with an exceptional depth of experience, much needed at this critical time, and we are confident he will serve our members well.”
As of June 2020, the most updated financial
