SDIC Board

kelly meiners, CHAIR  **

Sr Vice President & Manager

First Fidelity Bank                     

Winner

 

taylor thompson, V-Chair * **

Financial Advisor
Thompson & Co. Wealth Management

Rapid City

                       

cathy clark *

Retired Banker, Consultant
Sioux Falls                    

michael anderson

President/Chief Investment Officer
Hi-Line Capital Management, LLC
Watertown  

rita edwards

Lawyer
Banking and financial services, retired
Madison                                                        

BROCK GREENFIELD

Commissioner of School & Public Lands
State of South Dakota
Pierre

JOSH HAEDER *

State Treasurer
State of South Dakota
Pierre

travis almond

Executive Director
South Dakota Retirement System
Pierre

* Denotes member of Audit Committee
** Denotes member of Compensation Committee

Membership

  • The SDIC Board consists of eight voting members.
  • South Dakota law stipulates that, "The members of the State Investment Council shall be qualified by training and experience in the field of investment or finance."
  • Five members are appointed by the Executive Board of the Legislative Research Council, a bipartisan board composed of members from both houses of the Legislature.
  • Three members serve ex officio: the State Treasurer, the Commissioner of School and Public Lands and the Executive Director of the South Dakota Retirement System.

Responsibilities

  • Appoint and oversee the State Investment Officer
  • Approve investment policies and performance benchmarks
  • Monitor implementation of the investment process
  • Oversee the audit process through the SDIC Audit Committee
  • Comply with and monitor Code of Ethics and Personal Investing Guidelines
  • Approve annual budget and long-term plan