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The Treasury Board

Finance

Purpose

The Treasury Board shall supervise investment of state funds, administer the Virginia Security for Public Deposits Act, administer the Government Non-Arbitrage Investment Act, approve the terms and structure of appropriation-supported bonds, and act as the issuing agent on general obligation bonds.

Term

Pleasure of the Governor

Composition

The Board shall consist of seven members to be appointed as follows: four members to be appointed by the Governor, subject to confirmation by the General Assembly, who shall serve at the pleasure of the Governor; the State Treasurer, the Comptroller, and the Tax Commissioner. The members appointed by the Governor should have a background and experience in financial management and investments. The State Treasurer, the Comptroller, and the Tax Commissioner shall serve terms coincident with their terms of office. Vacancies shall be filled in the manner of the original appointment.

Vacant Seats

The seat descriptions indicate if there is a specific requirement for that seat (a profession, consumer, someone who lives in a certain congressional district, etc.). If there is only a number listed (Seat 7), there is no specific criteria for that seat. A “citizen” seat requires someone who is not affiliated with that profession. If you're interested in any of these seats, please submit an application here.

Member of the General Public	1 seat
Total seats available: 1

Current Board Members

George Robert Vaughan Jr

Member of the General Public Membership expires at the pleasure of the Governor

maria pia tedesco

Member of the General Public Membership expires at the pleasure of the Governor

Kenneth Kaufer Flores

Member of the General Public Membership expires at the pleasure of the Governor