Candace Cox is the Chief Investment Officer of MMBB Financial Services, a 100 year old ministry of American Baptist Churches. She is responsible for the investment of nearly $3 billion in assets, including MMBB’s nine-choice defined contribution retirement plan, its Annuity Fund, Endowment, the Disability Income Fund and Death Benefits Fund. This entails allocation across asset classes, investment strategy within asset classes and the engagement of external money management firms.
Ms. Cox has built a distinguished career managing the investments of major pension funds, the largest of which was Bell Atlantic (now Verizon) Asset Management Company, where she served as president and chief investment officer for its $54 billion in assets. Prior to that, she was principal investment officer of the New York City Comptroller’s Office, with responsibility for investing $46 billion in assets for nine public pension funds.
Earlier in her career Ms. Cox invested institutional assets for major multi-national corporations, including Schering-Plough, AMF Inc. and Allied Corp. (now Honeywell).
Ms. Cox has eighteen years of corporate board service, having been on the board of directors and chaired the investment committee of RSI Retirement Trust. She is currently a member of the board of directors of the National Association of Corporate Directors. She has also served on the boards of directors of the American Heart Association, the American Red Cross National Endowment and the Financial Women’s Association.
A graduate of Rutgers University, Ms. Cox holds an M.B.A. degree in finance from New York University. She has published articles on hedge funds, board investment committees, investment time horizons and currency overlay programs for institutional investors.