Chief Financial Officer

Charles Asubonten joined CalPERS as chief financial officer in October 2017.

He is responsible for managing all of CalPERS' financial systems and risk programs including budgeting, accounting, treasury management, financial planning and analysis, risk management, prefunding programs, and pension contracting. The Supplemental Income Plan Program, the California Employers' Retiree Benefit Trust Fund, and coordination of the Asset Liability Management program all fall under his jurisdiction. As part of the executive leadership team, he provides expert consultation and advice to the CalPERS Board.

Charles brings more than 20 years of experience in many facets of finance and investments. He has applied his expertise in diverse industries, including financials, mining, infrastructure, technology, healthcare, and industrials across America, Africa, Europe, Australia, and Asia.

He holds a Bachelor of Business Administration in accounting from North Carolina Central University, an MBA in finance and corporate strategy from the Ross School of Business at the University of Michigan, and an advanced diploma in corporate governance from the Financial Times Board of Directors Non-Executive Director program in London. Charles is also a Certified Public Accountant and holds a Chartered Financial Analyst® designation.