{"id":32001,"date":"2023-09-14T16:13:18","date_gmt":"2023-09-14T21:13:18","guid":{"rendered":"https:\/\/blogs.und.edu\/und-today\/?p=32001"},"modified":"2023-09-14T16:49:12","modified_gmt":"2023-09-14T21:49:12","slug":"und-professor-named-to-state-investments-board","status":"publish","type":"post","link":"https:\/\/blogs.und.edu\/und-today\/2023\/09\/und-professor-named-to-state-investments-board\/","title":{"rendered":"UND professor named to State Investments Board"},"content":{"rendered":"<p><strong>Prodosh Simlai, professor and chair of Economics and Finance, will help guide state investments totaling more than $19 billion<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-32019\" src=\"https:\/\/blogs.und.edu\/und-today\/wp-content\/uploads\/sites\/7\/2023\/09\/Prodosh-Simlai-template-image.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/blogs.und.edu\/und-today\/wp-content\/uploads\/sites\/7\/2023\/09\/Prodosh-Simlai-template-image.jpg 1024w, https:\/\/blogs.und.edu\/und-today\/wp-content\/uploads\/sites\/7\/2023\/09\/Prodosh-Simlai-template-image-300x200.jpg 300w, https:\/\/blogs.und.edu\/und-today\/wp-content\/uploads\/sites\/7\/2023\/09\/Prodosh-Simlai-template-image-768x512.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>Prodosh Simlai, head of the department of economics and finance in the Nistler College of Business &amp; Public Administration at the University of North Dakota, has been appointed to a term on the North Dakota State Investment Board (SIB), according to an announcement by Gov. Doug Burgum&#8217;s office.<\/p>\n<p>Gov. Burgum appointed Simlai to a five-year term on the SIB. He also is a member of the SIB\u2019s Investment Committee.<\/p>\n<p>Simlai, who\u2019s been a faculty member at UND since 2007, received his master\u2019s in finance and his doctorate in economics from the University of Illinois at Urbana-Champaign. He also attended the Management Development Program at Harvard University.<\/p>\n<p>Simlai is an expert in financial markets, real estate and applied econometrics. He has served as chair of the UND Department of Economics &amp; Finance since 2020.<\/p>\n<p>\u201cThe State Investment Board members are the fiduciaries who steer the Retirement and Investment Office toward a sustainable future by adopting sound, ethical and legal governance, and financial management policies, as well as making sure the agency has adequate resources to advance its mission,\u201d Retirement and Investment Office (RIO) Executive Director Jan Murtha said.<\/p>\n<p>In 2010, SIB\u2019s assets under management were about $4 billion. As of June 30, the market value of the investments was more than $19 billion.<\/p>\n<p>In addition to being the oversight board for RIO, the SIB is responsible for the administration of North Dakota\u2019s Legacy Fund, and investment for the PERS and TFFR programs. The board also has contractual investment management relationships with multiple political subdivisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prodosh Simlai, professor and chair of Economics and Finance, will help guide state investments totaling more than $19 billion<\/p>\n","protected":false},"author":14,"featured_media":32019,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[17,1128],"class_list":["post-32001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-und","tag-ncobpa","tag-service"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UND professor named to State Investments Board - UND Today<\/title>\n<meta name=\"description\" content=\"Prodosh Simlai, professor and chair of Economics and Finance at UND, will help guide state investments totaling more than $19 billion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.und.edu\/und-today\/2023\/09\/und-professor-named-to-state-investments-board\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UND professor named to State Investments Board - 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