Kelliher Appointed as Chair of NHRS Board of Trustees

Feb 08, 2024
  • Board of Trustees

For Immediate Release: February 8, 2024

CONCORD, NH – Maureen Kelliher of Dover was recently appointed to chair the New Hampshire Retirement System (NHRS, the retirement system) Board of Trustees.

Kelliher, a public member of the Board since January 2014, and formerly the Board’s vice chair, was chosen by Governor Sununu to replace Tim Lesko, who resigned when he recently moved out of state.

One of the longest-serving members of the NHRS Board, Kelliher retired with more than four decades of investment management experience. She has served as co-chief and chief investment officer for trust and investment management firms as well as money desk manager for several banks. She holds the Chartered Financial Analyst® designation and is a member of the CFA Institute.

In addition to being a member of the Board, she has also served as chair of the NHRS Independent Investment Committee for several years, a position she will relinquish.

NHRS is administered by a 13-member Board of Trustees that includes one employee member, one teacher member, one firefighter member, one police officer member, four employer representatives (one each representing the state, counties, schools, and municipalities), four public members, and the State Treasurer. All trustees – with the exception of the State Treasurer, who serves ex officio – are nominated by the Governor for three-year terms and must be confirmed by a vote of the Executive Council.  The Board chair is appointed by the Governor.

All trustees must have familiarity with or experience in finance or business management.

Related link – NHRS trustees: