Treasurer Ellis Installed as National Association of State Treasurers Officer

January 31, 2012

(Lexington, Kentucky) - Utah State Treasurer Richard Ellis has been elected by his peers as the 2012 secretary-treasurer of the National Association of State Treasurers (NAST). As an officer of the association, Treasurer Ellis will help to preside over national conferences and the NAST National Executive Committee, which is responsible for establishing NAST policy and for setting its agenda at national meetings including the upcoming Legislative Conference.

NAST membership is composed of all state treasurers, or state finance officials with comparable responsibilities, from the United States, its commonwealths, territories, and the District of Columbia. NAST is recognized as a national force whose work has influenced public fiscal policy at both the state and federal levels. NAST is instrumental in developing and promoting standards of excellence regarding ethical conduct, policy guidelines and accountability, and model legislation and regulations. Two networks have been developed through an association with NAST: the College Savings Plans Network (CSPN) and the State Debt Management Network (SDMN). In addition, the National Association of Unclaimed Property Administrators is an affiliated organization with NAST.

"I am privileged to serve in this capacity alongside my fellow State Treasurers," Ellis said. "It is critical that we continue to work together to increase NAST's national visibility on fiscal issues relating to the states, to work in a non-partisan manner with our fellow treasurers to produce the best results possible for our constituents, and to develop an efficient and effective business model within the NAST structure."