Carol Boykin Archives

Long Overdue: A New Boss at the UN Pension Fund and a Reformed Board

November 27, 2017November 15, 2017 by Loraine Rickard-Martin

An important change was made to the United Nations pension fund last month, when Secretary-General António Guterres announced he was appointing Sudhir Rajkumar of India to succeed Carol Boykin as his representative for investments of the $61.5 billion fund. Guterres needs to make another major change, however, to address serious problems at the joint staff … Read more

WORLDVIEWS

The UN Pension Fund’s Leaders Must Go

March 31, 2017March 30, 2017 by Loraine Rickard-Martin

The General Assembly resolution passed in December could not have been clearer: the United Nations pension fund has failed to deliver on both the investment side, led by Carol Boykin, and the secretariat side, led by Sergio Arvizú. The resolution came on the heels of critical reports documenting massive foreign-exchange losses, low investment income and … Read more

WORLDVIEWS

UN Secretary-General Guterres: Please Protect Our Pension Fund

March 12, 2017March 2, 2017 by Loraine Rickard-Martin

United Nations staff members and retirees, concerned for many years about low-investment performance by our $54 billion pension fund and unprecedented delays in benefit payments, welcomed the adoption last December of a General Assembly resolution that allayed worries about attempts to privatize the fund. The resolution reaffirmed that UN financial rules and regulations remain the governing … Read more

Long Overdue: A New Boss at the UN Pension Fund and a Reformed Board

The UN Pension Fund’s Leaders Must Go

UN Secretary-General Guterres: Please Protect Our Pension Fund

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