National Geographic names first CIO
The National Geographic Society has named Kristi Craig to the newly created position of chief investment officer (CIO).
The role was created following the adoption of the group’s strategic plan that called for a transition of responsibility from an outsourced chief investment officer (OCIO) to an internal CIO in accordance with a revised investment committee governance model for the $1.4 billion endowment.
Craig will begin her role with National Geographic Society on Feb. 15, joining from Georgetown University, where she has been director of private investments.
In addition to overseeing the endowment she will work closely with the investment committee of the board of trustees. Craig has been tasked with building a “differentiated and successful investment portfolio while contributing to the Society’s growth and mission.”
As the Society’s first-ever chief investment officer, Craig will oversee a $1.4 billion endowment, working closely with the Society’s Investment Committee of the Board of Trustees. She will lead and continue to build a differentiated and successful investment portfolio while contributing to the Society’s growth and mission.
“I’ve long been passionate about creating and pursuing investment opportunities that help better our communities,” said Craig in a statement. “I’m excited to guide the Society’s investment decisions in a thoughtful and strategic manner that lives up to the organization’s mission to illuminate and protect the wonder of the world.”
