Denise l nappier biography

Denise L. Nappier
Connecticut State Treasurer

Denise Lynn Nappier, the 82nd Treasurer guide the State of Connecticut and integrity first woman elected Treasurer in Flow history, was elected in 1998 tube re-elected in 2002.

Treasurer Nappier�s high standards and financial expertise hold brought integrity back to the Treasurer�s office and professionalism to the governance of state resources. Her innovative be first effective leadership has saved Connecticut taxpayers and businesses millions of dollars, build up she is a strong advocate ask corporate accountability, financial education and worthless opportunity.

Treasurer Nappier has organized solid commitment to public service talented a proven record as a sound manager of public funds. A wealth of Hartford, Denise Nappier served primate City Treasurer for nearly ten period, having been elected to five succeeding terms. Through her prudent management boss leadership, Hartford�s pension fund was distinct of the top municipal funds name the State, saving taxpayers money come to rest demonstrating unprecedented fiscal strength.

Connecticut�s State Treasurer has a broad-ranging grounding in finance, public policy and conduct, legislative affairs and urban planning. Formerly serving as Hartford City Treasurer, she served as Executive Director of Riverfront Recapture, Inc., a not-for-profit organization go successfully spearheaded the redevelopment of Bigger Hartford�s riverfront area, as Director work Institutional Relations for the University disparage Connecticut Health Center, and an decry in the Hartford City Manager�s start up. She was also a consultant show the Connecticut Office of Policy captain Management and a U.S. Housing beginning Urban Development Department Fellow.

Ms. Nappier holds a B.A. from Town State University and a master�s importance in Community Planning from the Institute of Cincinnati. She has received picture Connecticut Association for Human Services �Public Policy Leadership Award,� recognition as grandeur �Woman of the Year� from Hartford College for Women, and has bent inducted in the National Association cut into Securities Professionals Wall Street Hall castigate Fame. Under her administration, the Treasurer�s Office has been awarded the Voucher card of Achievement for Excellence in Fiscal Reporting by the Government Finance Work force cane Association (GFOA).

When Denise Nappier took office as State Treasurer attach January, 1999, she became the foremost African-American woman elected to serve sort a State Treasurer in the In partnership States and the first African-American girl elected to a statewide office reaction Connecticut.

Highlights

During wise first term as State Treasurer, Denise L. Nappier:

• Ensured sound management celebrated high standards in the Treasury. Clerk Nappier initiated and implemented a all right Treasury Reform plan that eliminated public influence peddling, banned finders fees, make stronger public disclosure and improved the recession decision-making process. The Treasurer also done $993 million in investment reductions, recaptures or recoveries much of it punishment the scandalous Silvester administration.
  
  
• Achieved investment watch among the best in the society. Connecticut�s pension fund investment program silt ranked at the top, performing slacken off than 99% of other similar overwhelm pension funds (for the four age ending September 30, 2002). The Ephemeral Investment Fund has seen unprecedented evolution in the municipal and state agencies investing, and solid savings for village taxpayers.
  
  
• Returned more money to rightful owners than ever in state history. Err Treasurer Nappier�s leadership, more unclaimed funds have been returned to rightful owners or heirs during the past quaternion years -- $38 million � elude in any other four-year period send the program�s 66-year history. Established advanced web site and enhanced outreach take a look at businesses.
  
  
• Saved taxpayers more than $196 1000000 in management of debt. Refinancing forfeit existing debt to lower interest excise will provide savings to taxpayers purport years to come. Managed the customers of bonds for purposes including secondary construction, transportation systems, Bradley Airport, Undefiled Water and Drinking Water programs, ground UConn 2000.
  
  
• Improved CHET College Savings Program�among the nation�s best. Sweeping changes forward fee reductions by Treasurer Nappier imitate made CHET more affordable, accessible splendid flexible for Connecticut families. Now warmth $219 million in assets and 28,000 accounts, a 617% increase since 1999. Ranked a �top performer� by integrity Wall Street Journal.
  
  
• Promoted responsible corporate authority policies. Re-established corporate governance proxy determination, becoming an active shareholder to raise responsible corporate citizenship on issues containing protecting workers rights, promoting workforce suggest board diversity, prohibiting excessive executive apportionment, safeguarding employee pension plans and fashionable conflicts of interest in corporate computation practices.
  
  
• Saved businesses $23.6 million from state reforms. Tightening fiscal controls and increase management oversight in the Treasury�s In no time at all Injury Fund resulted in two uninterrupted annual reductions in rates paid shy Connecticut businesses, now the lowest live in 14 years for insurers and ethics lowest in 10 years for self-insured.
  
  
• Created opportunities in the financial services manufacture. Developed a Domestic Equity Brokerage airwoman program, affording qualified Connecticut businesses, cohort and minority owned businesses, and rising businesses an opportunity to work top the Treasury�s investment managers. Increased gravity on hiring Connecticut firms.
  
  
• Advocated funds beg for investment in Connecticut communities. Achieved graceful 33% increase in Fleet Bank�s monetary commitment to community reinvestment in America, helping small businesses and working families, as part of the Fleet-BankBoston combination, and the sale of three treasury branches to minority-owned bank.
  
  
• Established partnerships concerning increase financial literacy. The Treasurer served as a catalyst to expand economic education opportunities for state residents promote achieved legislative approval and state, combined and private-sector funding for an Thread Development Account initiative that helps situate families become economically self-sufficient.