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

Consultant
Dynamic Consulting, LLC
Sioux Falls  

michael anderson

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

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