BOARD OF INVESTMENTS

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Board Members

THE BOARD - WHO WE ARE

Board Membership - The Board is comprised of nine voting members appointed by the Governor as prescribed in Section 2-15-124, MCA, subject to confirmation by the state Senate and comprise of the following:

(a) One member from the public employees' retirement board, provided for in 2-15-1009;
(b) One member from the teachers' retirement board provided for in 2-15-1010.

If either member ceases to be a member of the retirement board, the position of that member on the board of investments is vacant, and the governor shall fill the vacancy in accordance with 2-15-124.

(c) Seven members who will provide a balance of professional expertise and public interest and accountability, who are informed and experienced in the subject of investments, and who are representative of:

(i) the financial community;
(ii) small business;
(iii) agriculture; and
(iv) labor.

(d) The Board also has two non-voting legislative liaisons, from different political parties, comprised of the following:

(i) One liaison member appointed by the President of the Senate; and
(ii) One liaison member appointed by the Speaker of the House.

(4) The board is designated a quasi-judicial board for the purposes of 2-15-124

The Board is allocated to the Department of Commerce for administrative purposes as prescribed in Section 2-15-121, MCA.

The following is a list of current Board members and their tenure: