Katano Kasaine, director of finance for the Town of Oakland, Calif., and Noreen White, founding father of Acacia Monetary Team, will obtain the 2018 Freda Johnson Award for Trailblazing Girls in Public Finance.
The Northeast Girls in Public Finance will officially provide the awards at The Bond Purchaser’s Deal of the Yr rite in New York Town on Dec. 6.
The award is known as for Freda Johnson, a founding board member of the group who was once an govt vice chairman and public finance department head at Moody’s Buyers Carrier from 1979 thru 1990.
This marks the 8th 12 months the crowd has passed out the award and the fourth 12 months during which the group expanded it from one recipient to hide two public finance execs, one each and every from the private and non-private sectors.
Kasaine, who was once appointed director of finance final 12 months, manages all facets of Oakland’s monetary purposes together with bond issuances, town’s finances and income collections. She has additionally held town’s treasurer position since 2012 and helped maintain wholesome credit score scores whilst dealing with difficult budgets amid the Nice Recession. Beneath her management, Oakland gained credit score upgrades from S&P International Rankings and Fitch Rankings final 12 months to close their best stage in town historical past.
“I’m in point of fact commemorated and humbled by way of this award,” mentioned Kasaine, who along with main Oakland’s monetary operations additionally had a prior two-year stint as town’s meantime leader era officer. “Individuals who know me understand how passionate I’m about my process and what sort of I like Oakland.”
Kasaine started running in Oakland 23 years in the past after receiving her Masters of Public Well being at Loma Linda College in Southern California. In her greater than 20 years in Oakland, Kasaine has long gone out of her solution to mentor girls in the hunt for careers in public finance. She mentioned there was contemporary growth with expanding the selection of girls in public finance, however wish to see extra download management positions.
“Public finance is a space the place now not a large number of girls were in energy,” she mentioned. “I wish to do my phase to get extra girls now not simply in public finance, however in management and decision-making positions as a result of this is the place they may be able to in point of fact make a distinction.”
White, who based Mount Laurel, New Jersey-based Acacia in 2006 as co-president with Kim Whelan, has greater than 30 years’ revel in in public finance and leads the company’s engagements for a couple of massive state issuers together with Connecticut, New Jersey, Illinois, Ohio and Wisconsin. She additionally advises the New York Town Transitional Finance Authority, New York State Housing Authority, New York Thruway Authority, Chicago Public Faculties in addition to the towns of Chicago, Los Angeles, San Francisco and the District of Columbia.
“It’s very humbling and pleasurable to be known by way of my friends,” mentioned White, a Smith Faculty graduate who earned her MBA in finance from New York College. “It’s great to have the popularity of what you have got completed and giving again to the municipal group.”
Previous to forming Acacia, White was once president and founding father of Municipal Advisory Companions, which she joined after leaving her stint as an funding banker at Undergo Stearns. She up to now was once a member of the Municipal Securities Rulemaking Board for a four-year time period from 2010 to 2014.
“Freda Johnson was once an icon within the business and she or he in point of fact obviously blazed a trail the place girls hadn’t long gone sooner than,” mentioned White. “This award validated a large number of the intestine choices I’ve made over time.”
Final 12 months’s Freda Johnson award winners had been Chicago’s leader monetary officer Carole Brown and Julie Morrone, a predominant at Rosemawr Control.
Previous winners have incorporated Marian Zucker, former president of the Administrative center of Finance & Construction at New York State Properties and Neighborhood Renewal; Suzanne Shank, founder and CEO of Siebert Cisneros Shank & Co.; Carol Kostik, former New York Town Deputy Comptroller for Public Finance; Meghan Burke, Boston-based public finance segment head at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo; former Chicago CFO Lois Scott; veteran New York banker Kym Arnone; Connecticut Treasurer Denise Nappier, former Rhode Island Treasurer and present Gov. Gina Raimondo; and Philadelphia town Treasurer Nancy Winkler.
In 2013, the group additionally gave a posthumous award to Muriel Siebert, the co-founder of SCSCO and the primary lady to possess a seat at the New York Inventory Alternate, which was once authorized by way of Shank in her identify.
Different Trailblazers this 12 months from the general public sector are Massachusetts State Treasurer Deborah Goldberg; Kathleen Sharman, CFO of the Higher Orlando Aviation Authority; Sarah Riordan, govt director & common suggest for the Indianapolis Native Public Growth Bond Financial institution; Megan Kilgore, town auditor of Columbus, Ohio; and Lisa Marie Harris, director of finance/treasurer on the San Diego County Water Authority.
The opposite Trailblazers this 12 months from the personal sector are Alison Radecki, spouse in Orrick, Herrington & Sutcliffe LLP’s public finance division; Angelia Schmidt, managing director and head of municipal underwriting at UBS Monetary Services and products; Linda Schakel, spouse at Ballard Spahr; Sharon Brown, spouse at Barclay Damon; Sandy MacLennan, spouse at Squire Patton Boggs; Natalie Cohen, president of Nationwide Municipal Analysis and previous head of municipal analysis at Wells Fargo Securities.