Apparently, it takes five to replace Jamie Ohl at Wilshire Associates [profile].

As Jamie Ohl prepares for her transition over to ING's retirement shop, President John Hindman issued a written statement (below) lauding Ohl for her contributions to the Santa Monica, California-based company. He also announced the names of the five managing directors who will be taking over Ohl's day-to-day management responsibilities at the firm.

Those five managing directors are:

Cleo Chang, head of the Investment Research Group of Wilshire Funds Management;

Matt Radgowski, vice president, who is responsible for product management, marketing and sales within the business unit;

Jason Schwarz, head of the global client group;

Helen Webb Thompson, head of the operations group and compliance representative; and

Victor Zhang, CIO and head of investments.

"Jamie leaves behind an incredibly strong team that will continue to provide exceptional value and service to our clients," Hindman wrote in the statement. "ING U.S. is a current client of Wilshire Funds Management and as Jamie moves to her new role at [ING] we expect that relationship to continue and thrive."

Ohl will leave Wilshire as of Sept. 28, to start her new role on Oct. 1.

Read about Wilshire's appointment at ING here.

Wilshire Associates Statement

September 13, 2012
Please attribute to John Hindman, president, Wilshire Associates Incorporated

"After much deliberation, Jamie Ohl has decided to leave Wilshire Associates to pursue an exciting opportunity with ING U.S. and will be stepping down as President of Wilshire Funds Management, effective September 28, 2012.

"During her time at Wilshire, Jamie demonstrated a commitment to and enthusiasm for the division and the firm that was second to none. Her knowledge and innovative thinking, as well as her ability to lead and encourage, is recognized and appreciated. Jamie leaves behind an incredibly strong team that will continue to provide exceptional value and service to our clients. ING U.S. is a current client of Wilshire Funds Management and as Jamie moves to her new role at we expect that relationship to continue and thrive.

"I�m very pleased to announce that the day-to-day management responsibilities of the division will be transitioned to the five managing directors of Wilshire Funds Management; Cleo Chang, Matt Radgowski, Jason Schwarz, Helen Webb Thompson and Victor Zhang. This team will report directly to me and will be responsible for the strategy, vision, and growth of Funds Management.

"Wilshire Funds Management is a dynamic and thriving business. For more than twelve years, Funds Management has grown and prospered due to an unwavering dedication to provide best-in-class advice, products and services to our clients. As we move forward, this management team intends to continue to foster that atmosphere and work strategically at all levels to build and grow the Funds Management business."

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