Board Details

Investment Board, North Dakota State

Type of Board: Agency/Policy Making Pay/Benefits: NDCC 21-10-01 $148/day
Voting Members: 11 Other Members: 0
Non-Voting Members: 0 Created by: NDCC § 21-10-01
Length of Terms: Varies
Frequency of Meetings: monthly
Address: 3442 East Century Avenue PO Box 7100 Bismarck, ND 58507-7100
Phone: (701) 328-9889
Fax: (701) 328-9897
Website: www.nd.gov/rio
Email: djhunter@nd.gov
Contact: David Hunter
This Board is charged with the investment of the funds enumerated in Section 21-10-06. It shall approve general types of securities for investment by these funds and set policies and procedures regulating securities transactions on behalf of the various funds. The Board has 11 members: governor, state treasurer, land commissioner, director of the Workers Compensation Bureau, commissioner of insurance, three members of the Teachers Fund for Retirement Board or their designees, and three members of Public Employees Retirement System Board or their designees.

Member Name Position Work County Appt. Date Term Ends
Gaebe, Commissioner Lance Statutory (701) 328-2800 Burleigh Open
Gessner, Michael TFFR Representative (701) 838-8533 Ward 7/1/2006 6/30/2021
Godfread, Jon Statutory (701) 328-2440 Burleigh 12/15/2016 Open
Lech, Robert Vice-Chariman,TFFR Representative (701) 252-1950 Stutsman 7/1/2013 6/30/2020
Miller, Adam PERS Representative (701) 328-5266 Burleigh 8/24/2017 6/30/2021
Olson, Melvin TFFR Representative (701) 730-0152 Cass 7/1/2013 6/30/2018
Sanford, Lt. Governor Brent Chairman - Governor's Office (701) 328-3550 Burleigh 12/15/2016 Open
Schmidt, Treasurer Kelly Statutory (701) 328-2643 Burleigh 1/1/2005 Open
Seibel, Troy Parliamentarian,PERS Representative (701) 328-4157 Burleigh 1/27/2017 6/30/2021
Smith, Yvonne PERS Representative (701) 223-8091 Burleigh 7/1/2014 6/30/2019
Ternes, Cindy Workforce Safety & Insurance Designee (701) 328-3837 Open