Aldama will oversee not only CalPERS internal diversity activities, but external activities as well. Included in his responsibilities will be coordinating diversity outreach, sponsoring and organizing contracting, and managing external investment outreach workshops. Additionally, he will implement diversity fairs within California that will serve as a business and investment connection for those wishing to learn how to compete for business and investment opportunities with CalPERS.
Aldama will report to Gloria Moore Andrews, CalPERS Deputy Executive Officer, Operations.
"I'm extremely confident in Richard and his skills to lead our diversity outreach programs," said Moore Andrews. "As the nation's largest public pension fund and an organization with global impact, we recognize diversity as a vital business issue and are excited about Richard's appointment."
Aldama has 34 years of service with the State of California, coming to CalPERS in 1994. Most recently, he was the Assistant Division Chief of CalPERS Operations Support Services Division, where he was responsible for the Contracts Management, Procurement, and Outreach programs. Prior to coming to CalPERS, Aldama served as Chief, in both the Procurement and Business Services Unit and the Personnel Management and Affirmative Action Unit at the Department of Toxic Substances Control.
Aldama earned a Bachelor's degree in Social Science from California State University, Sacramento.
CalPERS is the nation's largest public pension fund, with assets totaling more than $166 billion. The System provides retirement and health benefits to more than 1.4 million State and local public employees and their families. For further information on CalPERS, visit www.calpers.ca.gov.
