Richelle Sugiyama

Board member
since February 2024

Chief Investment Officer
Public Employee Retirement System of Idaho

Richelle A. Sugiyama is the Chief Investment Officer for the $24 billion Public Employee Retirement System of Idaho, where she is responsible for all investment activities of the organization. She has served in that position since October 2022. Previously, Richelle served as the Investment Officer for PERSI from 2001.

In addition to her duties at PERSI, Richelle is a member of the Pacific Pension & Investment Institute, the Idaho Community Foundation Investment Committee, the State of Idaho Treasurer’s Investment Advisory Board, the Boise State University (BSU) Foundation Board and Investment Committee, the Idaho State Board of Education Committee for the Optional Retirement Plan (ORP), the St. Luke’s Health System Investment Sub-Committee and represents PERSI on advisory boards. She previously served as a member and Vice Chair of the State of Idaho Endowment Fund Investment Board (EFIB) for 17 years, as a member and Chairperson of the Institute of Electrical and Electronics Engineers’ (IEEE) Investment Committee for 10 years; and as a Board Member of the Pacific Pension & Investment Institute (PPI) and Chairperson of the PPI Membership Committee.

Her professional experience and background include having served as the Interim Deputy Director for PERSI; the Interim Manager of Investments for the EFIB; Senior Associate at an investment consulting firm; and Portfolio Manager and Operations Manager at an investment management firm.

Richelle is a member of the Membership Committee.