Opportunity
Hawaii eProcurement Portal #Q26003486
Hawaii ERS Seeks Executive Search Firm for Chief Investment Officer Recruitment
Posted
June 24, 2026
Respond By
July 25, 2026
Identifier
Q26003486
NAICS
561312
The Employees Retirement System (ERS) of the State of Hawaii is seeking an executive search firm to recruit a Chief Investment Officer (CIO) to lead its $25 billion investment program. - Government Buyer: - Employees Retirement System of the State of Hawaii (ERS), Department of Budget & Finance - Services Requested: - Comprehensive executive search services for the CIO position - Develop search timeline and finalize position description - Advertise the position and conduct candidate outreach - Screen candidates, coordinate interviews, and perform reference/background checks - Assist with compensation negotiations and onboarding - Notable Requirements: - Minimum five years' experience in executive search for large, complex organizations - Experience with public pension or institutional investment executive placements preferred - Preference for firms with a Hawaii-based office or affiliate - No specific OEMs or product vendors are named, as this is a service-based procurement - The project is expected to last four to eight months, starting immediately after contract award
Description
The Employees' Retirement System of the State of Hawaii (ERS) is seeking a qualified executive search firm to assist in recruiting and selecting a Chief Investment Officer (CIO). The selected firm will provide comprehensive executive search services, including candidate screening, interview coordination, and support throughout the recruitment process. The CIO position involves strategic leadership of the ERS investment program, managing approximately $25 billion in assets. Services will be performed in Honolulu, Hawaii, and the project is expected to take four to eight months.