APFC Board Approves Governance Policy and Seeks Public Input on Strategic Plan in Quarterly Meeting

In Board of Trustees by Juliette Alldredge

The Alaska Permanent Fund Corporation (APFC) Board of Trustees conducted their quarterly meeting on December 13th and 14th to review the performance updates for the first quarter of FY24. The asset class directors reported on staffing and strategy, and the board members were briefed on the future use of AI in the workplace. During the meeting, the Board discussed three action items.  They approved a governance policy to simplify the Executive Director evaluation process and noted the need for additional consideration of both the strategic plan and Trustee Paper #10 which will be forwarded to the February 2024 meeting.

“We value our staff and employees and recognize the importance of safeguarding and investing in their success. To this point, we want to institute protections – at the APFC governance and Alaska legislative levels – to guarantee the privacy and security of personnel records across the Corporation. This is widely recognized as fundamental for ethical and secure employment management,” noted APFC Board Chair Ethan Schutt.

Read more about the Fund’s performance and the meeting in the full news release.