Barbra A. Byington, CFA

Ms. Byington joined IFS' Washington office in July 2000 to assist in all major aspects of the firm's work. She has 15 years of experience in the financial services sector, on both the public and private sides of the industry. At IFS, she is primarily responsible for implementing and evaluating investment policies, practices and asset allocations of institutional investors.

Prior to joining the firm, Ms. Byington was a financial analyst in the Treasury Division of the Pension Benefit Guaranty Corporation. Her major responsibilities included selection, due diligence, and ongoing monitoring and evaluation of external investment managers of the then $18.6 billion investment program. She was also involved in the day-to-day operations of the investment program. Earlier at the PBGC, Ms. Byington performed financial analyses of pension plan sponsors and developed recommendations as to whether they met termination criteria under ERISA.

Before her role at the PBGC, Ms. Byington worked as a corporate financial analyst for Lehman Brothers in New York in the Merchant Banking and High Yield Finance groups of Lehman's Investment Banking Department.

Ms. Byington graduated summa cum laude and Phi Beta Kappa from Washington and Lee University with a Bachelors degree with honors in economics and French. After graduation, she studied international economics at the Graduate Institute of International Studies as a Fulbright Scholar in Geneva, Switzerland. She earned the designation Chartered Financial Analyst and is a member of the CFA Institute and the CFA Society of Washington, D.C.