Lohmeier Named Managing Director, Wespath Investment Management
September 23, 2013
For Immediate Release
Contact: M. Colette Nies, Managing Director, Communications
(847) 866-4296 or email@example.com
Glenview, IL—The Wespath Investment Management division of the General Board of Pension and Health Benefits of The United Methodist Church (GBPHB) today announced the promotion of Michael (Mike) Lohmeier to Managing Director of Investment Management. In his new role, Lohmeier will lead Wespath’s Equity, Fixed Income and Positive Social Purpose Lending Program (PSP) teams and will provide operational oversight, tactical investment and risk management support, and input on broad strategic investment initiatives.
In his previous role, Lohmeier managed Wespath’s PSP Lending Program from 2002 through 2005. He returned to GBPHB as PSP Lending Program director in January 2009 following 3.5 years with the Illinois Housing Development Authority as assistant to the executive director for multi-family programs, and Fannie Mae working in housing and community development.
Lohmeier’s prior commercial banking experience includes several years with the Northern Trust Company in credit policy, fair lending oversight and Community Reinvestment Act compliance.
He holds a B.A. degree in Economics and Political Science from Northwestern University and a Master’s of Public Policy degree from The Harris School of Public Policy Studies, University of Chicago.
Lohmeier reports to Wespath Chief Investment Officer Dave Zellner. Wespath has initiated a search for Lohmeier’s replacement as director of its Positive Social Purpose Lending Program. (photo linked)
Wespath is the investment management division of the General Board (in operation since 1908), recognized as the country’s largest faith-based benefit plan administrator and pension fund/investment asset manager. With more than $19 billion in assets under management, it is among the top 100 pension fund managers in the U.S. based on assets under management. Wespath invests over $2 billion of the assets under management on behalf of institutional investors such as United Methodist Church annual conferences and foundations, and other Church-affiliated organizations. As a socially responsible investor, Wespath is actively involved in shareholder advocacy, proxy voting, portfolio screening and community investing.