Career moves

The Minnesota Management and Budget commissioner is moving to the University of Minnesota after a decade with the state, and his MMB predecessor replaces him.

As a director in public finance, Maura Davalos will focus on FHA-insured healthcare financings; she will be based in Jacksonville, Florida.

Clare Graca and Manal Keen will help manage expansion efforts.

The minority and woman-owned Siebert Williams Shank bolsters its Texas business profile with the hiring of Austin school district chief financial officer Nicole Conley.

Hector Matos brings years of experience as a Texas school finance expert and Citigroup banker to Raymond James' new San Antonio office, the firm said.

Huntington says the Michigan team that came over from Hilltop has experience covering local school districts and governments as well as the state.

Marshall will still keep her position as chief compliance officer as she also takes on the role of interim chief regulatory officer. Lanny Schwartz left his position as chief regulatory officer almost a year ago.

Acosta Jordán has more than 30 years of financial services experience in Puerto Rico.

UMB plans to focus on higher education with its initial thrust into advisory services.

The Los Angeles lawyer founded her own firm and ran it for two decades before Polsinelli acquired it in 2011 to enter California. She retires in October.