RELEASE: Treasurer Summers Names Kristi Lafleur and Miriam Martinez to Senior Leadership Roles

On Eve of Women’s Equality Day, Highlights Women in Finance for Key Positions in Treasurer’s Office  

Chicago City Treasurer Kurt Summers today announced two additions to his senior leadership team, including Kristi Lafleur as Deputy Treasurer, Chief Operating Officer and Miriam Martinez as Chief Investment Officer. Both new team members bring years of experience in high-level management and public service, striving to provide efficient and responsive government services for taxpayers.

“Kristi and Miriam bring invaluable experience in operations and investments from both the public and private sectors and I am thrilled to have them join our team,” Treasurer Summers said. “Kristi is a proven leader, having had great successes at the Tollway and throughout her professional career. Miriam has substantial experience implementing large-scale public investment programs and has already enhanced returns on our portfolio to benefit taxpayers. I am confident Kristi and Miriam will help to carry out the mission of the Treasurer’s Office as we work to invest in Chicago’s neighborhoods like never before.”

Most recently, Kristi Lafleur served as Executive Director of the Illinois Tollway and was the first woman to serve in that role in the Tollway’s history. While there, Lafleur was responsible for managing the agency’s day-to-day operations, overseeing its estimated $1.17 billion annual budget and leading nearly 1,600 employees in providing a safe, effective and efficient toll highway system for the Tollway’s 1.5 million daily drivers. As Executive Director, Lafleur also secured and implemented Move Illinois, a 15-year, $12 billion capital program, the largest capital program in the agency’s history.

As Deputy Treasurer, Chief Operating Officer, Lafleur will oversee the Treasurer’s office day-to-day operations and serve as Treasurer Summers’ senior advisor in implementing key initiatives such as a neighborhood and infrastructure investment plan and a pension fee savings initiative with the potential to save Chicago’s 11 public employee pension funds $25-$50 million a year.

Before joining the Treasurer’s Office, Miriam Martinez served as Chief Investment Officer at the New York State Insurance Fund (NYSIF), acting as a fiduciary of the $16 billion public fund. Martinez is credited with having constructed a strategic program that diversified holdings while delivering risk-adjusted returns that consistently beat benchmarks set by the NYSIF Board of Commissioners.

As Chief Investment Officer for the City Treasurer’s Office, Martinez brings more than 30 years of experience to ensure the city’s various portfolios achieve the highest returns while meeting established liquidity needs and investment policy standards. Additionally, Martinez was recently appointed by Governor Rauner to the State of Illinois’ Secure Choice Savings Plan Board. The first of its kind program in the nation and chaired by Illinois State Treasurer Michael Frerichs, the City Treasurer’s Office is greatly supportive of the board’s mission to help private sector employees save for retirement.

Upon taking office, Treasurer Summers also named Alexandra Sims the Director of Programs and Intergovernmental Affairs. In that role, Sims is responsible for implementing the Treasurer’s transformational agenda of 16 initiatives that were first laid out in his 90-Day Action Plan. Sims, a graduate of Northwestern University, specializes in team building and strategic planning, having served as Organizing for Action’s coordinator for the entire state of Missouri and later as Executive Director for Every Vote Counts.

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