Mercy Chief Investment Officer Named CIO of the Year

November 10, 2014

Mercy's CIO Tony Waskiwicz

By Mercy's Niki Burgdorf 

Mercy’s Chief Investment Officer (CIO) Tony Waskiewicz has been named the first health care CIO of the Year by one of the world’s leading business publishers.

Waskiewicz was honored alongside the CIOs of Cleveland Clinic in Ohio, Kaiser Permanente in California and Mount Sinai Hospital in New York, who were winners in other categories as part of the Investor Intelligence Awards, sponsored by Institutional Investor and the Investor Intelligence Network.

Waskiewicz, who joined Mercy in February 2010, was recognized in part for helping Mercy generate strong risk-adjusted returns and for developing an investment structure focused on economic conditions. His Investor Intelligence Awards winner’s profile is available here. Waskiewicz oversees Mercy’s treasury department and manages the health system’s investment fund and pension plan.

“It is a great honor to be recognized by my peers for work I enjoy doing, and to be in such prestigious company is very humbling,” said Waskiewicz. “I am a firm believer that passion for one’s work – in my case, for Mercy’s mission – shines through in every decision made. I wholeheartedly believe in what Sister (Mary) Roch (Rocklage) has always said about mission and the business margin being two wings of a plane. You can’t fly the plane without both.”  

As part of his role as CIO at Mercy, Waskiewicz is responsible for establishing asset allocation and devising investment solutions using traditional and alternative investment products ranging from separate accounts, mutual funds and closed-end funds, hedge funds, private equity funds, real estate funds and commodities.

Waskiewicz is no stranger to national recognition. Under his leadership, Mercy’s investment program was nominated as Healthcare System of the Year at the Institutional Investor’s 2014 Annual Hedge Fund Conference. In 2012, he received  Institutional Investor’s Rising Star of Hedge Funds designation. In addition, he is a frequent speaker and panelist at national investment conferences.

Waskiewicz is a member of the CFA Institute and the St. Louis Society of Investment Analysts, as well as an adjunct professor at Webster University in St. Louis. He also serves as treasurer of the board of trustees for Villa Duchesne and Oak Hill School.