Tuesday, May 19, 2009

New America Alliance Applauds Administration on the Nomination of Rosie Rios for U.S. Treasurer

DALLAS, May 18 /PRNewswire-USNewswire/ -- The New America Alliance (NAA) applauds the nomination of Rosa "Rosie" Gumataotao Rios for United States Treasurer. As the premier advocate for increasing Latino access to economic capital, the NAA, along with other national Latino organizations such as the United States Hispanic Chamber of Commerce, strongly supported the nomination of Rios.

"We commend the Administration for this appointment to this key Treasury Department post," said Carlos Loumiet, NAA Chair of the Board. "Rios' strong financial services expertise and background will make her a valuable contributor in helping solve the economic difficulties we are all currently experiencing. Just as important in the long run, as her appointment evidences, the President continues to identify and appoint outstanding young Latinos and Latinas who want and will be able to serve our country for decades to come."

With more than 21 years of real estate and urban development experience, Rios is Managing Director of Investments for MacFarlane Partners, one of the leading real estate investment management firms in the U.S. She serves as the primary liaison with the firms' real estate and capital partners to facilitate investments located in urban and high-density suburban markets and recently closed on over $345 million worth of equity commitments. Recently, Rios served as a member of the Treasury/Federal Reserve Transition Team on behalf of the Obama Administration.

Prior to joining MacFarlane Partners, Rios was a Principal with Red River Associates, a consulting firm specializing in providing development, project management, and executive management services for municipalities. Previously, she served as the director of the Redevelopment and Economic Development departments for the City of Oakland. Rios has a long track record in California economic development with municipal governments in the cities of Fremont, San Leandro, and Union City. She serves as a Trustee of the Alameda County Employees' Retirement Association (ACERA) and is a board member of the California Association of Local Economic Development (CALED) and the Fruitvale Spanish-Speaking Unity Council. A graduate of Harvard University, she is also a Fellow with the Royal Society of the Arts.

The New America Alliance (NAA) is a national organization comprised of prominent Latino business leaders united to lead the process of American Latino economic empowerment and wealth-building through economic capital, leadership development, strategic philanthropy, and public policy advocacy.

www.naaonline.org

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