TRENTON — New Jersey Department of the Treasury’s Division of Investments Director Corey Amon announced Tuesday that he is resigning his position, effective June 4, to pursue a new opportunity. Shoaib Khan, Deputy Director of the Division, will serve as Acting Director following Amon’s departure to ensure a seamless transition in order to protect the retirement of hundreds of thousands of public employees. “Corey’s hard work and commitment have placed the Division in a strong position as we begin to emerge from the COVID pandemic. His dedication to pension fund members and the way he honored his fiduciary duty has been commendable. We are thankful for his service and wish him all the best as he embarks on the next chapter of his career,” said Treasurer Elizabeth Maher Muoio. “The experience I have gained at the Division has afforded me a new career opportunity that I am excited to embark upon,” Amon said. “It has been my privilege to serve as Director. I am proud to have been a part of the Division since 2014, helping to safeguard the investments made on behalf of the Pension Fund’s 800,000 participants with the highest fiduciary standards.” “To the credit of Corey and his team, the Division of Investment has navigated many issues and undertaken important initiatives during his tenure as Director,” said Deepak Raj, chair of the State Investment Council, and Adam Liebtag, vice chair of the Council. “NJ DOI and the Council have created ESG and governance initiatives, improved our investment reporting and resources, and tackled complicated challenges. We will continue to build from a solid foundation.”
Recent Division of Investment accomplishments under Amon’s direction include:
Additionally, the Division of Revenue and Enterprise Services continues to work with the DOL employee misclassification team to review new business registrations to help deter and reduce employee misclassifications.