FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

77K Street, NE Washington, DC 20002

FOR IMMEDIATE RELEASE 

July 22, 2013 

FEDERAL RETIREMENT THRIFT INVESTMENT BOARD 

ANNOUNCES THE CONFIRMATION OF WILLIAM JASIEN 

AS A NEW MEMBER OF THE BOARD

Washington, D.C. – The Federal Retirement Thrift Investment Board announced 

today that William Jasien has been sworn in as a member of the Federal Retirement 

Thrift Investment Board. Mr. Jasien joins fellow Board members Chairman Michael 

Kennedy, Dana Bilyeu, Ron McCray and David Jones. Mr. Jasien replaces Terrence 

Duffy. The five presidentially appointed Board members develop and establish the 

policies governing the Thrift Savings Plan (TSP) for Federal employees. The Executive 

Director of the Board, Gregory T. Long, serves as the head of the Agency that manages 

the Plan. 

Mr. Jasien said, “I am honored by my nomination to the Board that guides the 

largest defined contribution plan in the world. I look forward to working with my fellow 

Board members and the FRTIB employees to continually look for ways to further 

improve the TSP.” 

Mr. Long commented, “We are so pleased to have a Board comprised of five 

highly experienced and highly energetic Members. Working together, we will ensure that 

TSP participants and beneficiaries have access to quality, low cost products and services 

that will help them to retire with dignity.”

Mr. Jasien is the CEO and Managing Director of StoneHedge Global Partners, a 

firm focused on business development and capital raising strategies. Prior to that, Mr. 

Jasien spent 20 years with ING, and most recently served as President of the Government 

Business Division and Executive Vice President of the US Retirement Services 

enterprise. He has held a number of executive positions including the Head of US Retail 

Markets, US Customer Operations and Senior Investment Officer. In 2007, Mr. Jasien 

was nominated by President George W. Bush and confirmed by the U.S. Senate, to serve 

on the board of the Securities Investor Protection Corporation (SIPC), where he chairs the 

multi-billion dollar investment committee. 

Prior to joining ING, Mr. Jasien served in the administration of President George 

H.W. Bush in a number of capacities, including Deputy Assistant Secretary of the U. S. 

Treasury for Finance and Management and Staff Assistant to the Vice President. Mr. 
Jasien also serves on several for- and not-for-profit boards. He is on the board of VA 

College Savings Plan, as well as the American Red Cross, where he serves on the 

Executive Committee and Chairman of the Finance Committee. He is also on the 

executive committees of the State Department Overseas Scholastic Advisory Council 

(OSAC) and Gleaning for the World. Mr. Jasien is a graduate from James Madison 

University (JMU). He served on the JMU Board of Visitors from 1996 - 2004, 

concluding his term as the Vice Rector. 

The TSP is a retirement savings plan for Federal employees; it is

similar to the 401(k) plans offered by many private employers. 

As of June 2013, TSP assets totaled approximately $358.5 billion, 

and retirement savings accounts were being maintained for more 

than 4.6 million TSP participants. Participants include Federal 

civilian employees in all branches of Government, employees of 

the U.S. Postal Service, and members of the uniformed services. 

Additional information can be found at www.tsp.gov. 

MEDIA CONTACT: 

Kim Weaver 

202-942-1641 

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