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Varela becomes New Mexico's first female CIO to lead $71B pension fund.
Kristin Varela, a former CIO for Hawaii’s pension system, has been appointed New Mexico’s first female chief investment officer.
A Pecos native and Latina, she will oversee the state’s $71 billion sovereign wealth fund and earn $455,000 annually.
Varela succeeds Robert Smith and aims to manage investments amid global economic risks while prioritizing diversification to support New Mexico’s financial stability.
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Varela se convierte en la primera mujer CIO de Nuevo México en liderar un fondo de pensiones de $71B.