SDIC Board
steve pietila, CHAIR **
VP Wealth & Trust Officer
First Dakota National Bank
Yankton
kelly meiners, V-Chair * **
Sr Vice President & Manager
First Fidelity Bank
Winner
taylor thompson *
Financial Advisor
Thompson & Co. Wealth Management
Rapid City
cathy clark
ConsultantDynamic Consulting, LLC
Sioux Falls
michael anderson
President/Chief Investment OfficerHi-Line Capital Management, LLC
Watertown
BROCK GREENFIELD
Commissioner of School & Public LandsState of South Dakota
Pierre
JOSH HAEDER *
State TreasurerState of South Dakota
Pierre
travis almond
Executive DirectorSouth 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