Scott Chan, chief investment officer of the $369B California State Teachers’ Retirement System, is joining FCLTGlobal’s board of directors, effective Oct. 1, 2025.
Established in 2016, FCLT is a non-profit member organization that aims to promote and support long-term decision-making in business and investment. Its founding member organizations include CPP Investments, McKinsey & Co., BlackRock, Dow, and Tata Sons.
“FCLTGlobal’s approach and commitment to creating long-term value directly support our goal of delivering sustainable retirement security for educators,” said Chan, in a press release. “I am eager to support the already robust partnership between CalSTRS and FCLTGlobal and help them continue to make real change across capital markets.”
FCLT also named Greg Heckman, chief executive officer of the $24.8B agribusiness and food company Bunge Global SA, as well as C.S. Venkatakrishnan, the $1.9T Barclays’ group CEO, who will assume the role of vice chair.
“Scott and Greg represent the long-term thinking and leadership that today’s businesses and investors need,” said Sarah Williamson, FCLTGlobal’s CEO, in the news release. “With their appointments, combined with Venkat stepping into a new role as vice chair, we’re positioning FCLTGlobal to drive systemic change in capital markets.”
Chan, Heckman, and Venkatakrishnan are the most recent appointees among a list of several notable names, including the former CIO of PSP Investments Eduard van Gelderen, who was appointed head of research last December, Christopher J. Ailman founder and CEO of Ailman Advisers and the former CIO of CalSTRS; John Graham president and CEO of the C$731B CPP Investments, who is FCLTGlobal’s board chair; Allyson Tucker, the CEO of the $222.5B Washington State Investment Board; and Carine Smith Ihenacho, chief governance and compliance officer of the $US$1.9T Norges Bank Investment Management.
