New York State Comptroller Thomas DiNapoli has announced the appointment of Vicki Fuller as the new chief investment officer (CIO) for the $150.3 billion New York State Common Retirement Fund (Fund).

Fuller is a veteran of Alliance Bernstein in New York, where her career included designing investment processes, building and managing investment teams, and generating investment returns. Most recently, she was responsible for developing investment solutions for some of the largest institutional investors in the public sector.

As a senior portfolio manager, she devised fixed income strategies for the firm’s Global Wealth channel. Previously, she was a co-head of the Global High Yield Group and managed a team of investment professionals and a portfolio in excess of $10 billion in bank loans, high yield, emerging debt and global high yield assets.

She will start August 30 and earn $300,000.