SDIC Board

loren koepsell, CHAIR  **

Associate Professor
Augustana University

Sioux Falls

MARY HOWARD, V-Chair  **

Sr Vice President-Financial Advisor

RBC Wealth Management
Sioux Falls

STEVE PIETILA * **

VP Wealth & Trust Officer
First Dakota National Bank                      Yankton                         

KELLY MEINERS *

Sr Vice President & Manager
First Fidelity Bank

Winner                               

taylor thompson

Director of Wealth Management
Pioneer Bank & Trust
Rapid City                                                          

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 chosen 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 evaluate the State Investment Officer
  • Develop investment policy and establish asset allocation guidelines
  • 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