Cheryl D. Alston

Cheryl D. Alston is the Executive Director and Chief Investment Officer of the Employees’ Retirement Fund of the City of Dallas, Texas (“ERF”), a $4.0+ billion pension plan for the City’s civilian employees. 

Cheryl was appointed by President Barack Obama to the Pension Benefit Guaranty Corporation (PBGC) Advisory Committee and served two terms ending from 2011-2016. Cheryl serves on the Board of Blue Cross Blue Shield of Kansas City and Globe Life Corporation. She formerly served on the board of the Federal Home Loan Bank of Dallas. Cheryl was named as one of the most influential corporate directors by Women Inc. Magazine in 2018 and most influential Black corporate directors by Savoy Magazine in 2021.

She served as an Executive with CIGNA Retirement & Investment Services. Prior to CIGNA, Cheryl has served as a Corporate Banking Officer at Chase Global Services, providing investment banking services for Fortune 500 clients. Cheryl has an M.B.A. in Finance from the Leonard N. Stern School at New York University and a B.S. in Economics from the University of Pennsylvania. Ms. Alston was recognized by the Institutional Investor magazine, National Association of Securities Professionals’ Pacesetter Award, and the Industry Innovation Award for her efforts in Diversity, Equity, and Inclusion by Chief Investment Officer Magazine. She also served on non-profit boards and foundations including the TIDES Foundation and The Arts Community Alliance (TACA).