The Federal Retirement Thrift Investment Board has announced that William Jasien has been sworn in as a new member of the Federal Retirement Thrift Investment Board.
Mr. Jasien joins fellow Board members Chairman Michael Kennedy, Dana Bilyeu, Ron McCray and David Jones. Mr. Jasien replaces Terrence Duffy. The five presidentially appointed Board members develop and establish the policies governing the Thrift Savings Plan (TSP) for Federal employees. The Executive Director of the Board, Gregory T. Long, serves as the head of the Agency that manages the Plan.
Mr. Jasien is the CEO and Managing Director of StoneHedge Global Partners, a firm focused on business development and capital raising strategies. Prior to that, Mr. Jasien spent 20 years with ING, and most recently served as President of the Government Business Division and Executive Vice President of the US Retirement Services enterprise. He has held a number of executive positions including the Head of US Retail Markets, US Customer Operations and Senior Investment Officer. In 2007, Mr. Jasien was nominated by President George W. Bush and confirmed by the U.S. Senate, to serve on the board of the Securities Investor Protection Corporation (SIPC), where he chairs the multi-billion dollar investment committee.
Prior to joining ING, Mr. Jasien served in the administration of President George H.W. Bush in a number of capacities, including Deputy Assistant Secretary of the U. S. Treasury for Finance and Management and Staff Assistant to the Vice President. Mr.
Jasien also serves on several for- and not-for-profit boards. He is on the board of VA College Savings Plan, as well as the American Red Cross, where he serves on the Executive Committee and Chairman of the Finance Committee. He is also on the executive committees of the State Department Overseas Scholastic Advisory Council (OSAC) and Gleaning for the World. Mr. Jasien is a graduate from James Madison University (JMU). He served on the JMU Board of Visitors from 1996 – 2004, concluding his term as the Vice Rector.
Jasien said, “I am honored by my nomination to the Board that guides the largest defined contribution plan in the world. I look forward to working with my fellow Board members and the FRTIB employees to continually look for ways to further improve the TSP.”