We’re taking this year’s event virtual, with a hopeful in person reception in 2021! We’re excited to announce the “Distinguished Woman Investment Professional of the Year” award winner and keynote.
2020 Woman Investment Professional Award Recipient
Angela Miller-May, Chief Investment Officer, Chicago Teachers’ Pension Fund
Angela Miller-May currently serves as the Chief Investment Officer for the Chicago Teachers’ Pension Fund, a $10.8 billion pension fund that services a membership of over 88,000 active and retired Chicago Public School teachers. She focuses on providing strategic portfolio construction, excellent manager selection and rigorous due diligence and provides leadership to a staff of nine in meeting CTPF’s investment goals. Ms. Miller-May joined the Chicago Teachers’ Pension Fund in 2010.
Prior to serving as the Chief Investment Officer, she served in several progressively responsible positions at CTPF, including Director of Investments, Portfolio Manager-Alternatives and Investment Operations Analyst-Risk Management. In these roles, she was responsible for many aspects of investment management including monitoring alternative investment managers (real estate, infrastructure, private equity and hedge fund-of-funds), and insuring contractual, compliance, fiduciary and investment responsibilities were met. She focused on initial and ongoing due diligence as well as overseeing and analyzing valuations and performance. She utilized her experience in accounting, security litigation, taxation, proxy voting, procedure standardization and compliance to improve CTPF’s investment processes and implement various risk controls.
Ms. Miller-May serves as a member of the NASP Africa Institutional Investors Advisory Council, a member of SEO’s Limited Partner Advisory Council and a member of the NCPERS CIO Summit Advisory Faculty.
Ms. Miller-May was named as one of Institutional Investor’s 2020 Industry Voice Innovators, Crain’s 2019 most Notable Women in Finance, 2019 Trusted Insights Top 30 Chief Investment Officers, Institutional Investor’s 2019 Change Maker of the Year and has had the honor of testifying at a 2019 Congressional Hearing on the topic of Diversity and Inclusion. Ms. Miller-May has had recent appearances on CNBC’s Squawk Alley and has been quoted in several publications including the Wall Street Journal.
Ms. Miller-May holds an M.B.A in Accounting from DePaul University and a B.A. in Economics from Northwestern University.
Mellody Hobson, Co-CEO & President, Ariel Investments, LLC, Chicago, IL
As Co-CEO, Mellody is responsible for management, strategic planning and growth for all areas of Ariel Investments outside of research and portfolio management. Additionally, she serves as Chairman of the Board of Trustees of the Ariel Investment Trust—the company’s publicly traded mutual funds. Prior to being named Co-CEO, Mellody spent nearly two decades as the firm’s President.
Outside of Ariel, Mellody is a nationally recognized voice on financial literacy. She has conducted extensive research on minority investing patterns and pens a column for Black Enterprise Magazine. Her leadership has also been invaluable to corporate boardrooms across the nation. She currently serves as Vice Chair of the Board of Starbucks Corporation; a director of JPMorgan Chase; and a director of Quibi, a short-form video content company. She previously served as Chairman of the Board of DreamWorks Animation until the company’s sale and was also a long-standing board member of the Estée Lauder Companies.
Mellody’s community outreach includes her role as Chairman of After School Matters, a Chicago non-profit that provides area teens with high-quality after school and summer programs. Additionally, she is vice chair of World Business Chicago; co-chair of the Lucas Museum of Narrative Art; and a board member of the George Lucas Education Foundation and Bloomberg Philanthropies. She also serves on the board at the Los Angeles County Museum of Art (LACMA). Mellody is a member of the American Academy of Arts and Sciences, The Rockefeller Foundation Board of Trustees, and serves on the executive committee of the Investment Company Institute.
Mellody earned her AB from Princeton University’s Woodrow Wilson School of International Relations and Public Policy. In 2019, she was awarded the University’s highest honor, the Woodrow Wilson Award, presented annually to a Princeton graduate whose career embodies a commitment to national service. She has also received honorary doctorate degrees from Howard University, Johns Hopkins University, St. Mary’s College, and the University of Southern California. In 2015, Time Magazine named her one of the “100 Most Influential People” in the world.