State Treasurer Laura M. Montoya
STATE News:
SANTA FE — New Mexico State Treasurer Laura M. Montoya announces the appointment of Doña Ana County Treasurer Eric L. Rodriguez as a member of the State Treasurer’s Investment Committee (STIC).
As County Treasurer, Rodriguez manages Doña Ana County’s $200 million portfolio. During his first term, he increased investment revenue by 70 percent due to changes in investment strategy and cash management best practices. Through his leadership he has decreased the number of delinquent properties turned over to the state by 60 percent, retaining over $1.2 million for the county since taking office.
“I am thrilled to appoint Treasurer Rodriguez as a member of the State Treasurer’s Investment Committee. His expertise and input are invaluable, and I’m grateful to have a voice from local government and the southern part of the state on our committee,” Treasurer Montoya said.
Rodriguez has served as the Doña Ana County Treasurer for six years, including one year as Chief Deputy Treasurer. He has more than 10 years of banking experience, a bachelor’s degree in Business Administration from New Mexico State University and is an MBA candidate with New Mexico Highlands University. Rodriguez is the Chair of the Doña Ana County Investment Advisory Committee, and serves on the New Mexico Counties (NMC) Tax Policy Committee, NM Treasurers Affiliate Legislative Committee, and the NACo Immigration Reform Task Force. He was previously on the NMC’s Board of Directors and the Vice-Chair of the NM Treasurer’s Affiliate.
“I am honored to serve in this advisory role to ensure that the State’s Investment Portfolio works for New Mexicans. Being appointed to this committee is a testament of Treasurer Montoya’s commitment to have representation throughout New Mexico,” Rodriguez said.
The State Treasurer’s Investment Committee is an advisory committee that meets monthly to review the State’s investment portfolios, currently over $15 billion, for statutory compliance, quality, diversification, maturity, and performance. The Committee also reviews portfolio controls and collateral adequacy and recommends investment procedural changes as well as changes to the State Treasurer’s investment policy.