Department leadership

Dr. Jagdeep BachherJagdeep Singh Bachher
Chief Investment Officer and Vice President of Investments
10 years experience; joined UC on April 1, 2014

Jagdeep Singh Bachher is responsible for managing the UC pension, endowment, short-term, and total-return investment pools. He reports directly to the Board of Regents on investment matters and the chief financial officer on administrative issues related to managing a group of more than 60 investment professionals and staff.

Before joining the UC system, Bachher was an executive vice president of venture and innovation for one of Canada’s largest and most diversified investment fund managers. He was with Alberta Investment Management Corp (AIMCo), based in Edmonton since 2009. He also served as the corporation’s deputy chief investment officer and chief operating officer. With an investment portfolio of more than $66 billion (U.S. dollars), AIMCo invests globally on behalf of public sector pension plans, provincial endowments, and government funds.

Prior to his position at AIMCo, he served as president at JH Investments (Delaware) LLC and worked in the U.S. Wealth Management, Canadian, and Investments divisions of Manulife Financial. Before joining Manulife, he was an entrepreneur. He is a visiting scholar in the Global Projects Center at Stanford University and chairman emeritus of the Institutional Investors Roundtable, a leading financial think tank. He is also a member of Young Presidents' Organization (YPO) and the Institute of Corporate Directors. Bachher received his Ph.D. and M.A.Sc. degrees in management sciences and B.A.Sc. degree in mechanical engineering from University of Waterloo. He has been a champion for change in the investment business and gained an international reputation as an innovator.

Randolph WeddingRandolph E. Wedding, MBA
Senior Managing Director -- Fixed Income Investments
34 years experience, 14 years with UC

Mr. Wedding is responsible for overseeing the strategic focus and management of the long- and short-term fixed-income portfolios.  Before joining the Office of the Chief Investment Officer of the Regents in 1998, Mr. Wedding was Manager of Currency Options and Derivatives Trading for Bank of America, NT&SA, New York; Managing Director, Commodities and Derivative Sales for Bear Stearns & Co., New York; and Principal, Manager of Fixed-Income Derivative Sales for Morgan Stanley & Co., New York. Mr. Wedding began his career with Wells Fargo Bank, responsible for the Bank’s Fixed Income Portfolio. Mr. Wedding earned his MBA in finance from the University of California, Berkeley and BA in mathematics from the University of California, San Diego.