Current Board Members


2018 Board of Directors

President

Monika Suarez
Senior Vice President – Municipal Finance Director
Western Alliance Bank

Ms. Suarez has been a public finance professional for over 20 years, specializing in debt and financial management for local governments. She has been involved with hundreds of financings for local governments and not-for-profit (NFP) organizations as an independent financial advisor, rating agency analyst, investment banker and issuer. Ms. Suarez joined Western Alliance Bank in 2013 to expand the Bank’s California municipal and NFP business. She has contributed to success of the Bank’s municipal lending platform, helping to grow the portfolio to its current level of over $1.6 billion of municipal and not-for-profit loans.

Prior to joining Western Alliance Bank, Ms. Suarez had primary responsibility for planning future debt issuances and developing innovative financing solutions for Los Angeles County Metropolitan Transportation Authority (“LA Metro”). She is currently a National Board Member for Women in Public Finance. Ms. Suarez graduated from the University of Arizona with a B.A. in Political Science and was awarded a M.P.A. with a concentration in state and local public finance from the George Washington University.

Vice President/Conference

Meghan Burke
Member/Partner, Head of Public Finance
Mintz Levin

Meghan is the Section Head for the Public Finance Practice and the Chair of the firm’s Education Practice. She has extensive experience in public finance and public agency representation, serving as bond counsel and as counsel to underwriters, borrowers, trustees, and purchasers in connection with tax-exempt and taxable general obligation and revenue financings related to transportation, higher education, health care, economic development, project finance, sport franchises, water, and wastewater. Meghan also has vast experience with interest rate swaps and other hedging transactions for governmental, 501(c)(3), and corporate clients.

Meghan also has extensive experience in the representation of institutional investors in high-yield project financings in both new money transactions and workouts. She is a frequent panelist at industry conferences and serves as the Vice President of the national section of Women in Public Finance.

Before entering law school, she worked as an investment banker in the Boston office of a major Wall Street firm.

Secretary

Karen Daly
Senior Managing Director – Public Finance/Financial Guaranty
Kroll Bond Rating Agency, Inc.

Karen Daly is a Senior Managing Director of the Public Finance and Financial Guaranty groups at Kroll Bond Rating Agency, Inc. Karen brings over 25 years of municipal credit research and risk management experience to her role. She was previously Chief Public Finance Underwriting Officer at Municipal Infrastructure Funding, LLC, a de novo municipal bond guarantor. Prior to that, Karen held several positions at Financial Guaranty Insurance Company (FGIC), including Managing Director of the Eastern Region and Public Finance Senior Risk Manager. Karen started her career in public finance at Moody’s Investors Service as an analyst. She holds an MPP from the University of Michigan and a BA from Queens College.

Karen has been a trustee of the Citizens Budget Commission for over 20 years. She also sits on the Board of Directors of Women in Public Finance. In addition, she has been on the board of the Municipal Forum of New York and was the Association of Financial Guaranty Insurers (AFGI) representative on Governmental Accounting Standards Advisory Council (GASAC).

 

Treasurer

Joanna Brody
Managing Director
Piper Jaffray

Joanna Brody is a Managing Director of Piper Jaffray in New York City and head of Short Term Underwriting and Trading. Joanna has been tasked to lead the effort in underwriting and trading short term products and oversee the pricing and maintenance of the variable rate program. Joanna has extensive experience working with a variety of issuers and structures with varying credit structures.

Prior to joining Piper Jaffray, Joanna spent sixteen years with UBS and its predecessor firm PaineWebber managing the short term business including an $80 billion portfolio of variable rate securities. Joanna was a senior member of the Capital Commitment Committee and a member of the Crisis Management Team.

Joanna holds a BA from The University of Vermont and an MBA from Fordham University.

Joanna is a board member of Kids Creative, a nonprofit organization that offers arts based peace education programs for Pre-K to high school students in New York City. Joanna is a National Board Member of Women in Public Finance and a member of High School of American Studies PTA Executive Board.

Assistant Treasurer/Chapters

Samantha Funk
Director
PNC Capital Markets

Ms. Funk joined PNC in 2010 and is currently a Director within PNC’s Public Finance Capital Markets group. During her tenure with PNC, Ms. Funk has worked on complex financings for a variety of municipal issuers throughout the Firm’s footprint, including general government, water and sewer, transportation, school districts and pooled loan programs. Her current responsibilities include leading the Firm’s public finance investment banking efforts in the City of Philadelphia, with the Commonwealth of Pennsylvania, the State of Michigan, the State of New Jersey and the State of Illinois. Throughout her tenure at PNC, Ms. Funk has worked extensively with clients to successfully execute in excess of $22.3 billion in total par.

Prior to joining to PNCCM in 2010, Ms. Funk was a member of the Public Finance Department at A.G. Edwards & Sons, Inc. and most recently at Wachovia Securities. Ms. Funk received BA in Business and Economics from Ursinus College and an MBA in Finance from Drexel University’s Lebow College of Business. Ms. Funk holds the Series 7, 63 and 53 FINRA licenses.

2018 Board Members

Lourdes Reyes Abadin
Managing Director
Estrada Hinojosa & Company, Inc

Lourdes Reyes Abadin, Managing Director at Estrada Hinojosa & Company, Inc. has been involved with Florida public finance for the past 30 years having initially served on the public sector where she eventually rose to the positions of Deputy Director and Chief Financial Officer (CFO) to the Miami Sports & Exhibition Authority (MSEA), an autonomous agency of the City of Miami. During her tenure at MSEA the agency was responsible for the financing of the Miami Arena, the financial analysis related to the NBA, MLB and NHL Miami expansion teams and the financing of several venue enhancements and improvements to accommodate these teams, including seeking legislative change to create funding. She specialized in investment banking when she joined a Wall Street Firm in 1993. In the midst of her investment banking career she was asked to serve as the Comptroller to the City of Miami to assist with a financial crisis that led the Florida Governor to appoint a Financial Oversight Board. Thereafter, she returned to the investment banking industry again specializing in Public Finance. Her work has included developing financial analyses and optimal debt structures, credit valuation, credit enhancements, evaluation of alternative financing instruments, bond rating presentations, preparation of official documents, setting appropriate debt covenants and pre-marketing of bonds. She has addressed various panels on the subject of Public Private Partnerships (“P3’s”) and serves as P3 Municipal Advisor.

Over the years, Ms. Abadin has gained much recognition for her in-depth knowledge and vast experience in Florida public finance and she is also credited for her experience in other diverse sectors. Prior to being involved with municipal finance, she worked for Florida Power & Light and was involved in the Quality Improvement Program that earned FPL the Deming Award of Excellence.

Ms. Abadin currently leads Estrada Hinojosa’s efforts in providing financial services to governmental entities in the State of Florida. She has managed Estrada Hinojosa’s Florida office since 2003.

Ms. Abadin holds a Bachelor of Science degree in Finance from Florida International University, and has taken MBA studies at Nova Southeastern University. She is a FINRA Series 7 Registered Representative, Series 50 Municipal Advisor Representative, and a past Certified Government Finance Officer (CGFO).

Ms. Abadin is actively involved in her community. She currently serves on the Board of Banyan Health Systems, is a member of its Executive Committee and the Finance Committee, acts as a member for the Miami-Dade County Commission for Women, and serves as a National Board Member and Florida Chapter Member for Women in Public Finance. She is fluent in English and Spanish.

 

Stephanie Ferry
Managing Director
Raymond James & Associates, Inc.

Stephanie has lived almost all of her adult life in Louisiana and has 30 years of experience in the securities industry from a variety of perspectives – broker-dealer, bank-dealer and financial advisor. She began her career with a Louisiana based dealer, Scharff & Jones, in 1986. In 1990, Stephanie moved to work with CitiState Advisors, a financial advisory firm working primarily in Louisiana. She was recruited by First Commerce Corporation to assist in the start-up of their municipal bond activities under the Glass-Stegall regulatory regime. While at First Commerce Corporation, Stephanie handled a number of low-income and historic tax credit transactions on behalf of the bank as investor. She returned to the broker-dealer side of the business in 1996 with Morgan Keegan & Co, who was later acquired by Raymond James in 2012. She is responsible for coverage of State and local government accounts, leading complex transactions, including pooled loan programs, combined tax-exempt/tax credit transactions, and various other local and state tax-exempt municipal bonds, including Louisiana’s Gulf Opportunity Zone Bonds, and spearheading the firm’s involvement in the New Markets Tax Credit program that resulted in awards totaling $140 million in credits.

Stephanie has one high school aged son (John) and a deaf boxer (Rudy). She is active in her community and has served on her neighborhood association’s board, Pennington Biomedical Foundation’s fundraising committee, and numerous school fundraiser/committees for her son.

Stephanie hold FINRA Series 7, 24, 50, 53, and 63 licenses.

Ginger Flahaven
Vice President/Research Analyst
Nuveen Asset Management

Kathryn Garner
Counsel
Orrick, Herrington & Sutcliffe, LLP

Kathryn Garner focuses her practice on federal tax law related to public finance and tax-exempt bond financings. She advises cities, counties, school districts, higher education authorities, state agencies, port authorities, transit authorities and water utility districts.

Kathy regularly consults with governmental issuers on arbitrage and rebate compliance and responds to inquiries from governmental issuers, borrowers and investment bankers regarding tax issues. She has represented numerous issuers and borrowers in connection with IRS audits of tax-exempt bonds. Kathy also advises non-profit organizations regarding the process for achieving tax-exempt status under the Internal Revenue Code and Texas sales and franchise taxes as well as providing ongoing compliance with federal tax laws and regulations.

Kathy resides in Austin, Texas with her husband, Steve. She has one son, Max, and two dogs, Sam and Molly, who all reside in Austin also.

Kristin Hanson
Director
PFM Financial Advisors LLC

Kristin focuses on local governments and school districts in the Midwest advising on various types of financings and ancillary services. Ms. Hanson has been involved in public finance for over 24 years as both an issuer and a financial advisor, recently spending five years as an Assistant Commissioner at Minnesota Management and Budget where she oversaw the Debt Management Division and was responsible for managing the state’s debt. While at the state, she oversaw the issuance of over $6.6 billion of bonds including tobacco settlement revenue bonds and state appropriation bonds to finance the public share of the Vikings stadium.

She has been active in various professional associations and currently serves on the boards of Women in Public Finance and the Minnesota Chapter of Women in Public Finance and is a member of the Debt Committee for the Government Finance Officers Association and the Debt Management Advisory Council for the University of Minnesota.

Ms. Hanson graduated with a Master of Arts from the Humphrey Institute of Public Affairs (with concentrations in Policy Analysis and Social Policy) at the University of Minnesota in Minneapolis, Minnesota and a Bachelor of Arts (with majors in Chemistry, French and Religion) from St. Olaf College in Northfield, Minnesota. She is a registered Municipal Advisor Representative (Series 50).

 

Marjorie Henning
Director
Citigroup Global Markets

A 30+ year veteran of the municipal market, Marj joined Citigroup in September 2013 as a Director in the Municipal Securities Division. She works in the Public Finance Department covering Northeast issuers. Prior to joining Citi, she was General Counsel to the New York City Office of Management and Budget, where she was responsible for debt issuances by New York City, the New York City Transitional Finance Authority, the New York City Municipal Water Finance Authority, and other NYC-related issuers. While with the NYC OMB, she participated in the creation and structuring of the NYC Samurai Funding Corp., the New York City Transitional Finance Authority (the City’s income tax-backed credit), TSASC, Inc. (the City’s tobacco securitization vehicle), Hudson Yards Infrastructure Corporation and other special purpose financing vehicles. Marj also managed the City’s and its related issuers’ $13 billion in outstanding VRDOs and the associated bank facilities. She is a graduate of the Harvard Law School and the State University of New York at Buffalo (BA, summa cum laude).

 

Susan Kendall
Director, Public Finance Group
Hilltop Securities Inc.

Susan is based in Hilltop’s Boston office. Since joining Hilltop, she has led financial advisory teams for transactions totaling over $4.5 billion for clients including the City of Boston, the City of Cambridge, MassDevelopment, the Massachusetts School Building Authority the University of Massachusetts Building Authority and Babson College.

Kendall was named a “Trailblazing Woman in Public Finance” by the Bond Buyer and Northeast Women in Public Finance and was named twice to Smith’s First Team of Local Government Analysts. Kendall led Hilltop’s team for the City of Cambridge, Mass 2017 Minibond issue which won the 2017 Deal of the Year Finalist award in the non-traditional financing category.

Prior to joining Hilltop in 2012, Kendall was a senior analyst and head of the Boston office of Moody’s Investors Service since it opened in 2004. She was responsible for local governments and utilities in Massachusetts and Virginia and served as a rating committee chairperson for Moody’s Public Finance Group. Kendall had primary responsibility for a large portfolio of high profile issuers including the City of Boston; Massachusetts Water Resources Authority; Fairfax County, Virginia and Central Falls, Rhode Island. Prior to joining Moody’s Kendall served as the Treasurer and Collector of the Town of Belmont, Massachusetts and was also an administrator at Harvard Medical School and Boston University. She is a frequent presenter at industry conferences and is a guest lecturer in state and local finance at Harvard Kennedy School. Kendall is a National Board Member of Women in Public Finance and is Co-Founder and Vice President of Boston Women in Public Finance. She is also Trustee and Past President of the Treasurers’ Club of Boston, Past President of the Boston Municipal Analysts’ Forum and served on the NFMA’s Board of Governors. Kendall earned a Master of Public Administration from Harvard Kennedy School and a Bachelor of Arts in biology from Harvard College. Susan is also a mezzo-soprano in the Boston Symphony Orchestra’s Tanglewood Festival Chorus.

Robin Redford
Managing Director
Ramirez & Co.

Robin Redford joined Ramirez in February 2011 in Austin, Texas as the Manager of the Texas Group, providing municipal banking and underwriting services to Texas issuers of all types. Under Ms. Redford’s leadership, the Ramirez Texas Group has distinguished itself as a leader in innovative ideas and quantitative expertise. The Team has exponentially increased the number, size and complexity of its senior book-running appointments State-wide.

Ms. Redford joined Ramirez after more than ten years of experience at UBS and Raymond James in New York City, where she covered general markets issuers in both Texas and New York for two years and state housing finance agencies nationwide for eight years. Ms. Redford has experience providing financial advisory services to the Texas Department of Housing and Community Affairs and the North Carolina Housing Finance Agency, transacting asset sales, analyzing and preparing rating agency cash flows, monitoring swap performance, and developing long term financing plans. Prior to entering the public finance field, Ms. Redford was a research associate at the Urban Institute in Washington, D.C., conducting field research and data analysis on a wide variety of topics including Community Development Corporations, non-profit parks organizations and public participation in the arts. In addition to being a member and board member of Women in Public Finance, Ms. Redford serves as an officer and founding Executive Council member of the WPF Chapter in Texas. Ms. Redford is also a past recipient of the Women’s Bond Club of New York’s “Rising Star” award.

Ms. Redford holds a B.A. from Rice University in economics and history and a Master of Public Affairs from the University of Texas. She is a Registered Representative and Municipal Securities Principal with Series 7, 63 and 53 certifications.

Julie Santamaria
Director
RBC Capital Markets

Julie Santamaria has been with RBC Capital Markets for 23 years and has served as underwriter or financial advisor on financings for counties, cities, utilities, school districts, CRAs and other governmental entities throughout Florida and Texas totaling over $16 billion. Julie is a NASD Registered General Securities Representative (Series 7), Municipal Securities Principal (Series 53), and Municipal Advisor Representative (Series 50).

She has been a member of the MSRB’s Professional Qualifications Committee, which develops the tests for the licensing of municipal professionals, for 14 years. Ms. Santamaria earned a BS from the University of Florida and an MBA from Stetson University.

Carolyn J. Schmidt
Deputy Director and Controller
Saint Louis Art Museum

Ms. Schmidt was named Deputy Director in June 2009 and has served as the Controller of the Museum since 2006.   In this role, Ms. Schmidt was responsible for the plan of finance to support the museum’s $130 million David Chipperfield designed expansion as well as leading the construction efforts on behalf of the Museum.  Ms. Schmidt secured $46 million in long term and variable rate financing to fund the expansion backed by the Museum’s $160 million capital campaign.   The plan of finance objective was to ensure capital funding requirements necessary to meet the construction schedule as well as ensure the flexibility needed to meet the changing operational needs of the expanded museum.   The Museum entered the debt market for the first time in its history and was rated A1 and A+ from Moody’s and Standard and Poor’s, respectively.  The Bond Buyer recognized the Museum as one of the five highest rated museum credits in the United States.

Prior to serving as the Museum’s Controller, Ms. Schmidt served as the Chief Financial Officer for the Missouri Historical Society from 1997 to 2006, as the Director of Finance for the City of Kirkwood, Missouri from 1992 to 1997, and as the Director of Finance for the City of O’Fallon, Missouri from 1987 to 1992. Prior to 1987, Ms. Schmidt was an auditor in the Missouri State Auditor’s office. Ms. Schmidt is a Certified Public Accountant and received her B.S. in accounting from Truman State University (formerly known as Northeast Missouri State University).

Marina Scott
Treasurer
Salt Lake City

Marina Scott, Salt Lake City Treasurer, was appointed to her position on June 4, 2013. From December 2006 until her appointment, Mrs. Scott was Deputy Treasurer for the City and from September 2005 until December 2006 she served as an Accountant III for the Public Services Department.

Mrs. Scott holds a Bachelor of Science degree in Accounting and a Master of Professional Accountancy from Weber State University. She also holds a Master of Arts in Library and Information Science from Vilnius State University.

Anne Spano
Treasurer/CFO
Chagrin Falls Exempted School Village

Anne Spano has over 20 years’ experience working in public education, including the past eleven years serving as Treasurer/CFO for Chagrin Falls Exempted Village School District, a high performing district located near Cleveland, Ohio. As the school treasurer, Anne provides oversight of a $55 million budget and is responsible for the receipt, safekeeping and expenditure of all public funds. She has been involved with financing projects including successful bond issues and operating tax levies throughout her career.

During her

Torrey Pines Bank employee Monika Suareztenure at Chagrin Falls Schools, Anne has been awarded the “Ohio Auditor of State Award with Distinction” for financial reporting and receiving clean audit reports as well as the Certificate of Achievement for Excellence in Financial Reporting from both the Government Finance Officers Association and the Association of School Business Officials International. 

Anne is a member of the Ohio Association of School Business Officials (OASBO), the Association of School Business Officials International and is a director of the Ohio Chapter and National Chapter of Women in Public Finance.

Anne holds a Bachelor of Arts Degree in Business and Organizational Communications from the University of Akron. She is certified as a Licensed Ohio Public School Treasurer and is a graduate of OASBO’s Leadership Academy.

Jennifer Wright
Project Finance and Debt Director
Texas Department of Transportation

As a director in the project finance division of the Texas Department of Transportation, Jennifer Wright manages multi-billion dollar transportation financing programs of the Texas Transportation Commission, the governing body of TxDOT. Additionally, she is integral to the Department’s public-private partnership program including the negotiation of business and commercial terms for large scale complex projects.

In her more than eleven years at TxDOT, she has led many new money financings and several refinancings achieving hundreds of millions of dollars of savings for Texas taxpayers. She served on the inaugural board of the Texas Chapter of Women in Public Finance established in 2012 and is a director in the 2018 class of the Women in Public Finance board.

Ms. Wright received her bachelor’s degree in finance from Texas A&M University.

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Founders

Sarah Eubanks
Retired – Standard & Poor’s

Nancy Remar
Public Finance Consultant

Lois Scott
MBIA

Courtney Shea
Columbia Capital Management, LLC

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