New York Gov.-elect Andrew Cuomo wants to keep Paul Williams Jr. as executive director of the Dormitory Authority of the State of New York, the Cuomo transition team announced last week.

Williams was chosen for the position in 2008 by Gov. David Paterson and formally appointed by the board.

DASNY was the second-largest issuer of bonds sold through negotiation in 2009, issuing $7.5 billion last year, according to Thomson Reuters. It is the largest issuer of state personal income tax bonds and also offers debt on behalf of colleges, and universities, and health care facilities.

Williams headed a task force created by Paterson that established practices to increase participation of minority- and women-owned firms for underwriting and other services.

Before coming to DASNY, Williams practiced corporate law at Nixon Peabody LLP. He also worked at Toussaint Capital Partners LLC, a boutique investment banking firm, from 2004 to 2007 and was its president from 2006 to 2007. He practiced commercial litigation as a partner at the law firm Bryan Cave LLP from 1998 to 2004.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.