Kuwait-based Gulf Investment Corporation, a GCC-owned financial services firm, has appointed Dr Russell Read as deputy chief executive officer and chief investment officer (DCEO & CIO).

Most recently, Dr Read launched C Change Investments in 2008 specializing in identifying and investing in technologies that transform the consumption, distribution, and production of the world’s natural resources.

Prior to launching C Change, Read was the chief investment officer for the California Public Employees’ Retirement System (CalPERS), overseeing North America’s largest pension plan and an investment staff of over 200 professionals.

Dr Read started his career as an economist at First National Bank of Chicago (Chicago’s largest bank) and then spent several years as an actuary and investment analyst at CNA Insurance and The Prudential.

Dr Read credentials include a BA in Statistics and an MBA from the University of Chicago, and an MA in Economics and PhD from Stanford University. – TradeArabia News Service