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Learn about the Team at Rhode Island Investor Relations, including our General Treasurer, State Controller, and State Budget Officer.
Seth Magaziner is committed to promoting economic growth and expanding opportunity through honest, effective leadership.
Seth was born in Bristol, Rhode Island and began his career as a public elementary school teacher and later as an investment professional, before taking office as General Treasurer in 2015.
Seth’s priority as Treasurer is strengthening the economy and putting Rhode Islanders to work. Seth launched the BankLocal program, which has helped hundreds of Rhode Island small businesses get access to the capital they need to grow and expand, by moving millions of dollars of the state’s cash to local community banks and credit unions.
Seth also successfully championed the expansion of the Rhode Island Infrastructure Bank to fund energy efficiency and renewable energy projects across the state, putting hundreds of tradesmen and women to work while reducing the state’s carbon footprint.
As co-chair of the Rhode Island School Building Task Force, Seth worked to develop a once-in-a-generation plan to repair Rhode Island’s crumbling public school buildings because all students deserve to attend schools that are safe, warm, dry and equipped for twenty-first-century learning. This plan was approved overwhelmingly by voters in 2018 and is already funding school repairs across the state.
Seth earned a bachelor’s degree in history from Brown University and a master’s degree in business administration from Yale University. Seth and his wife Julia live in Providence
Peter Keenan, of Greenville, has been chosen as the state controller. The office oversees the state’s Office of Accounts and Control within the state Department of Administration. Keenan took over as acting controller in May after serving as the state’s associate controller for more than 10 years.
Keenan has also served as the chief financial officer of the state Department of Children, Youth and Families (DCYF). His private sector background includes accounting experience at KPMG, the College of Holy Cross, the Melville Corporation and the Lincoln School Department. He is a Certified Public Accountant and holds a bachelor’s degree in accounting and an MBA from Providence College.
In his spare time, he serves as the Finance Committee chairman and treasurer of Cumberland’s Mount St. Rita Health Center Trustee Board.
Thomas Mullaney is the State Budget Officer and Executive Director of the Budget Office within the Office of Management and Budget. Since becoming Budget Officer in 2010, Mr. Mullaney has been responsible for providing accurate financial information to the Governor, assembling the estimates of revenues and requests for appropriations for state agencies, and preparing the annual state budget.
Mr. Mullaney began his career in the Budget Office in 1987 as an Assistant Budget Analyst, where he served until 1993 when he became the Chief Financial Officer for the Rhode Island Department of Health. In 1996, Mr. Mullaney returned to the Budget Office as a Principal Budget Analyst and became the Deputy Budget Officer in 2008. Mr. Mullaney serves on several boards and commissions, including the State Retirement Board, the State Investment Commission, and the Capital Development Planning and Oversight Commission.
As the son of the late Joe Mullaney, former coach of the Providence College Men's Basketball team and various NBA and ABA professional teams, Mr. Mullaney lived all around the country. He and his family returned to his native Rhode Island in 1977, where he has been a resident ever since. He has received national recognition for his work in the budget field, including the George A. Bell Service Award from the National Association of State Budget Officers in 2004. Mr. Mullaney earned a Bachelor of Science in Business Administration and Masters in Business Administration from Providence College.
Alec is the Chief Investment Officer of the Rhode Island Employees Retirement Systems Pooled Trust. He supervises the day-to-day investments of the Plan’s defined benefit, defined contribution (401a and 457b), and 529 savings plan assets.
He joined ERSRI in May 2017, having previously served as a Managing Director at Goldman Sachs, where he helped to design and implement multi-asset portfolios for public and private pension funds, sovereign wealth funds, endowments and foundations in the United States and overseas.
Alec is a Chartered Financial Analyst and an Associate of the Society of Actuaries. Alec holds a M.B.A. from New York University and a B.S. in Mathematics from Haverford College.
Kate Brock is Chief of Staff for Rhode Island Treasurer Seth Magaziner and previously served as Deputy Director of Rhode Island's state retirement system where she worked to implement new client relationship management software and line of business database, as well as streamlining processes to better serve the system’s 60,000 members and retirees.
Her previous experience includes Director of Government Programs at Delta Dental, Policy Aide for Rhode Island Governor Lincoln Chafee, and Kate was a labor organizer with Service Employees International Union.
She earned a Bachelor of Arts, Political Science from the University of Vermont, and is an active volunteer with Planned Parenthood Votes Rhode Island and Clean Water Action Rhode Island- Vote Environment.
Francis Quinn is the Rhode Island Director of Debt Management.
Quinn most recently served as a principal for The Williams Capital Group, L.P., in New York City, where he managed the firm's public finance investment banking relationships with the states of Rhode Island, Massachusetts, New Jersey, Ohio, Texas, and Wisconsin, and co-managed the firm's relationship with the California State Treasurer's Office. He previously served as a managing director/manager of public finance for Gardner Rich LLC, and as Bear, Stearns & Co.'s managing director for public finance. Mr. Quinn has a B.S. degree in accounting from Providence College and an M.B.A in finance from Boston College.
At Rhode Island Treasury, Quinn serves as the State's first debt manager, following successful passage by the General Assembly of legislation championed by Treasurer Magaziner to fund the position to strengthen the management and oversight of public debt in Rhode Island.