Maryland State Treasurer Nancy K. Kopp has been tapped to serve on the Financial Accounting Foundation (FAF) Board of Trustees.
Kopp, who was first elected Maryland State Treasurer in February 2002, will begin her trustee role with the FAF effective Jan. 1, 2014. The FAF, which is the independent, private-sector organization responsible for the oversight of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), announced the Kopp’s appointment to a five-year term on Tuesday afternoon. She will replace retiring Trustee Cynthia P. Eisenhauer, a government financial management consultant and former chief of staff for Iowa Gov. Tom Vilsack, whose term ends on Dec. 31.
“As someone who has devoted her distinguished career to finance and budget issues, Nancy Kopp brings to the Board of Trustees extensive experience in public finance and accounting,” said FAF Chairman Jeffrey J. Diermeier in a statement. “I am pleased to welcome her to the Board, and look forward to the professional government perspective she’ll add to our discussions and decisions.”
Prior to her election as treasurer, Kopp represented the Bethesda, Md., area in the Maryland House of Delegates for 27 years. As a member of the House Appropriations Committee during her tenure as delegate, she chaired the Joint Committee on Spending Affordability, and served on the Capital Budget Subcommittee, Subcommittee on Pensions, and Joint Committee on Budget and Audit.
Kopp is currently a member of the National Association of State Treasurers and chairs its Legislative Committee. She recently completed a one-year term as president of the National Association of State Auditors, Comptrollers and Treasurers.
A graduate of Wellesley College, Kopp holds a master’s degree in government from the University of Chicago. In 2012, she was inducted into the Maryland Women’s Hall of Fame.
