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 12 months rite in New York Town on Dec. 6.
The award is known as for Freda Johnson, a founding board member of the group who used to be an government vp and public finance department head at Moody’s Buyers Provider from 1979 via 1990.
This marks the 8th yr the gang has passed out the award and the fourth yr by which the group expanded it from one recipient to hide two public finance execs, one every from the private and non-private sectors.
Kasaine, who used to be appointed director of finance final yr, manages all facets of Oakland’s monetary purposes together with bond issuances, the town’s price range and income collections. She has additionally held the town’s treasurer function since 2012 and helped maintain wholesome credit score rankings whilst going through difficult budgets amid the Nice Recession. Underneath her management, Oakland gained credit score upgrades from S&P International Scores and Fitch Scores final yr to close their perfect stage in town historical past.
“I’m actually commemorated and humbled via this award,” mentioned Kasaine, who along with main Oakland’s monetary operations additionally had a prior two-year stint as the town’s intervening time leader generation officer. “Individuals who know me know the way passionate I’m about my activity and what kind of I really like Oakland.”
Kasaine started operating 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 option to mentor girls in search of careers in public finance. She mentioned there was fresh development with expanding the collection of girls in public finance, however want to see extra download management positions.
“Public finance is a space the place no longer numerous girls had been in energy,” she mentioned. “I wish to do my section to get extra girls no longer 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 reality 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’ enjoy 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 Colleges 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 via 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’ve achieved and giving again to the municipal group.”
Previous to forming Acacia, White used to be president and founding father of Municipal Advisory Companions, which she joined after leaving her stint as an funding banker at Endure Stearns. She prior to now used to be a member of the Municipal Securities Rulemaking Board for a four-year time period from 2010 to 2014.
“Freda Johnson used to be an icon within the business and he or she actually obviously blazed a trail the place girls hadn’t long gone ahead of,” mentioned White. “This award validated numerous the intestine selections I’ve made through the years.”
Final yr’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 Workplace of Finance & Construction at New York State Properties and Group 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 phase 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 girl to possess a seat at the New York Inventory Change, which used to be permitted via Shank in her title.
Different Trailblazers this yr from the general public sector are Massachusetts State Treasurer Deborah Goldberg; Kathleen Sharman, CFO of the Larger Orlando Aviation Authority; Sarah Riordan, government director & normal recommend 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 yr from the non-public 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.