“I am thrilled to have Horatio and Ken in these two very critical positions. Each of them brings a wealth of experience and commitment to the field of public pension policy. They will be valuable assets to my office,” Comptroller Thompson said.

Prior to this promotion, Mr. Sparkes served as Assistant Comptroller for Pensions. In his new position, he will oversee the implementation of the investment policies decided by the boards of the five City pension funds and the short-term investment of City funds under guidelines established by the City Department of Finance. In addition, he will serve as the Comptroller’s representative on the boards of the five City pension funds.

“I am privileged and proud to serve Comptroller Thompson and the people of New York City,” Mr. Sparkes said about his appointment.

Mr. Sylvester joined the Comptroller’s Office in 1983, and most recently served as Director of Pension Policy. As Assistant Comptroller for Pension Policy, he will be responsible for the development and recommendation of corporate governance and proxy policies for the five City pension funds. He will report to Mr. Sparkes.

“I look forward to assuming this challenging position and continuing my work with Bill Thompson and his staff,” Mr. Sylvester noted on his appointment.