North Dakota SIB Executive Director To Step Down in Early 2025

The executive director of North Dakota State Investment Board’s retirement and investment office will be departing the pension early next year.

The state investment board announced that Jan Murtha will be “transitioning to philanthropy and private sector opportunities” after her departure, set for January 3, 2025. Murtha has served in the role with SIB since November 2021, spearheading the RIO team’s strategic planning and legislative initiatives while overseeing agency relocation and reorganization. The pension has initiated a search for an interim executive to replace Murtha, expected to be announced after December 14.

North Dakota’s RIO is responsible for coordinating investments for the pension’s legacy fund and 28 government funds, and administers a pension program of over 25,000 participants. Per Dakota data, the pension currently holds plan assets valued at approximately $22B.

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