FRANKFORT, KY (July 25, 2019): Governor Matt Bevin has appointed Mr. C. Prewitt Lane, CFA, of Louisville, to the Kentucky Retirement Systems (KRS) Board of Trustees. Mr. Lane replaces William Cook, whose term has expired. Mr. Lane will represent members at-large and will serve for a term expiring June 17, 2023.
Mr. Lane is a self-employed financial consultant to several banks, insurance companies, and law firms. From 1993 until his retirement in 2017 he was Managing Director of Morgan Keegan and its successor, Raymond James Financial. Previously, from 1976 until 1989 Mr. Lane was Executive Vice President of Todd Investment Advisors and participated in the investment management of the Kentucky Teachers Retirement System’s and the Kentucky Retirement Systems’ investment portfolios.
“On behalf of the Systems I am pleased to welcome Mr. Lane to the Board of Trustees,” said KRS Executive Director David Eager. “We are excited to have a person of Mr. Lane’s prior experience with KRS join the Board as it continues its commitment to make KRS stronger and responsive to the needs of our 379,000 members. I also want to express our appreciation to Mr. Cook for his valuable service to our members and retirees these past few years.”
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Kentucky Retirement Systems is responsible for the investment of funds and administration of pension and health insurance benefits for over 379,000 active and retired state and local government employees, state police officers, and nonteaching staff of local school boards and regional universities.
Visit our website at https://kyret.ky.gov