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Learn about the Team at Washington, DC Investor Relations, including our Chief Financial Officer, Deputy CFO & Treasurer, and Associate Treasurer for Debt & Grants Management.
Jeffrey S. DeWitt is the Chief Financial Officer (CFO) for the District of Columbia and is responsible for the management of the District’s finances, including its approximately $15.4 billion budget, the majority of which ($10 billion) is generated from local revenue sources. He also manages the city’s $8.5 billion capital improvement plan budget. Mr. DeWitt was appointed to this position by Mayor Vincent C. Gray and confirmed by the District Council to complete Natwar M. Gandhi’s five-year term through June 2017. Mr. DeWitt was reappointed by Mayor Muriel Bowser and confirmed by the District Council for a full term through June 2022.
As the independent CFO, Mr. DeWitt manages the District’s financial operations, which include more than 1,000 staff members in the tax and revenue administration; the treasury, comptroller and budget offices; the DC Lottery, economic/fiscal analysis and revenue estimation functions, and all District agencies. This includes management of the financial operations of the United Medical Center, the University of the District of Columbia, and the Washington Convention and Sports Authority (EventsDC). He is also responsible for coordinating with congressional committees and the U.S. Office of Management and Budget staff that oversee District affairs. He regularly interacts with the financial community, including bond rating agencies, regarding the District’s financial matters.
Previously, Mr. DeWitt served as CFO for the City of Phoenix, the 5th largest city in the United States with a $3.4 billion annual budget and nearly 15,000 employees. There, he managed a $7 billion debt portfolio and more than $2 billion in investments. He was a member of the City of Phoenix Employees Retirement Board, the Phoenix Community Development Investment Corporation, the Phoenix Downtown Hotel Corporation and Arena Development Board.
As CFO for the District of Columbia, Mr. DeWitt sits on the boards of the Washington Convention and Sports Authority (EventsDC) and Destination DC.
Mr. DeWitt is a member of the Government Finance Officers Association (GFOA), the American Accounting Association (AAA), Association of Government Accountants (AGA), and the American Water Works Association (AWWA).
He holds a master's degree from Southern Illinois University, Carbondale, and a bachelor’s degree from Eastern Illinois University.
Deputy Chief Financial Officer and Treasurer Bruno Fernandes was appointed to his position in August 2018. As Treasurer and Deputy CFO, he manages the District’s treasury programs associated with its annual operating and capital budget. This includes management of the District’s banking and investment activities, check and electronic receipts and disbursements, and its debt issuance and repayment activities. He also oversees the District's 401(a) and 457(b) retirement plans, 529 college savings plan, and the Unclaimed Property program.
Previously, Mr. Fernandes was the vice president and treasurer of ICF. Prior to joining ICF, he led the global treasury operations of Computer Sciences Corporation (CSC). Before joining CSC, he held treasury and risk-management leadership roles at Intelsat and Sunrise Senior Living. Mr. Fernandes’ 25 years of finance and treasury leadership experience also includes serving on the boards of several organizations. Mr. Fernandes represents the District of Columbia as a member of the National Association of State Treasurers and the Government Finance Officers Association. He is also an ex-officio trustee of the DC Retirement Board.
Mr. Fernandes holds a master’s degree from the University of Maryland and a bachelor’s degree in finance from George Mason University. He maintains a Certified Treasury Professional designation and is an active member of the Association for Financial Professionals.
As the Associate Treasurer of Debt and Grants in the Office of Finance and Treasury for the District of Columbia, Carmen Pigler manages all aspects of the District’s $10 billion debt portfolio and provides thought leadership in all bond finance matters. She is also responsible for the administration of federal grant funds, tracking expenditures in all grant-funded programs, and providing regular assessments of grant funds.
Prior to joining the District, Ms. Pigler worked in debt management and treasury roles for New York City and Atlanta, Georgia where she was involved in the issuance of more than $40 billion of debt, coordinated investor outreach, and directed cash management strategies. Ms. Pigler began her career in municipal finance as an investment banker where she served as senior relations manager to issuers in Georgia, Alabama, Tennessee, New York and Connecticut.
Ms. Pigler holds a B.A. in Economics from South Carolina State University and a Master of Business Administration from Columbia University Graduate School of Business.
Darryl Street is the Senior Financial Policy Advisor to the District of Columbia’s Chief Financial Officer, Jeffrey S. DeWitt, since February 2015. Mr. Street provides strategic advice on a wide array of financial issues, including on the District's existing $10 billion debt portfolio and all future planned debt issuances, long-range infrastructure planning and asset management, as well as institutional investor outreach and various quantitative analyses for other District agencies and instrumentalities.
Mr. Street is responsible for managing the District's debt capacity model to ensure that the District stays within its federally and locally mandated debt limits for all planned borrowings during the 6-year capital improvement plan period and beyond. Mr. Street also lead the OCFO's efforts in the development, and ongoing management, of the District’s industry-leading long-range capital financial plan to address the infrastructure financing and deferred maintenance challenges of the District of Columbia. He is a frequent speaker at national and international conferences on the District’s innovative asset management system.
Mr. Street is also responsible for instituting direct outreach to institutional investors in the debt of the District of Columbia by organizing biennial, regional investor conferences, as well as the development and management of the District's investor relations website. He serves as financial liaison from the Office of the Chief Financial Officer to the Washington Convention and Sports Authority (WCSA), and he also serves as the CFO's designated alternate on the board of WCSA. Mr. Street leads the OCFO's executive team for issues related to the Washington Metropolitan Area Transit Authority (WMATA) and serves as liaison to the Mayor's Office of Public Private Partnerships in evaluating financing opportunities for various P3 proposals and their impact on the District's debt limit.
Mr. Street is a former vice president of a financial advisory firm located in Irvine, California. While at that firm, he advised on more than $12 billion in debt issuances for state and local governments, including the state of California and the city of Los Angeles. Prior to working as a financial advisor, he served in a variety of positions within public finance, including as an investment banker, a guaranteed investment contracts provider, as well as working for the city of Los Angeles in the debt management group within the Office of the City Administrative Officer.
Mr. Street holds a master’s degree in finance and a bachelor’s degree in business management from Loyola Marymount University, Los Angeles. He is also a member of the Government Finance Officers Association and the Association of Public Finance Professionals for the District of Columbia, Maryland and Virginia.