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David Veal to Step Down as CIO of COAERS

June 25, 2021  |  News Release

AUSTIN, TX - The following is a statement from Christopher Hanson, Executive Director for the City of Austin Employees’ Retirement System on the departure of Chief Investment Officer David Veal:

"On behalf of the City of Austin Employees’ Retirement System, I want to thank David Veal for his incredible leadership and management of the COAERS investment program and service to the members of our System. Over the past five years, David’s work has been integral to developing COAERS’ investment program into a best-in-class fund. His thoughtful and effective guidance helped lay a lasting foundation during his tenure here, which I have no doubt will continue into the future. We wish him all the best in this next chapter.”




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Mehrin Rahman, Communications Specialist