Rodrigo Garcia is deputy state treasurer and chief investment officer for Illinois State Treasurer Michael W. Frerichs. In this role, he directs the treasury’s combined $32 billion investment portfolio, $300 billion in related banking operations and financial services, and a ~$4 billion agency budget and financial reporting unit. From leveraging impact investments to integrating sustainability factors into portfolios to promoting equity, diversity & inclusion, he aims to maximize investment returns and bolster the Illinois macro and micro economy.
Rodrigo was previously the Director of the Illinois Department of Veterans’ Affairs and a member of the Illinois Cabinet, and has also worked for Morgan Stanley & Co., Inc. and the Federal Reserve Bank of Chicago. Rodrigo holds an undergraduate degree with a major in finance from Northeastern Illinois University, two post-graduate degrees, one with a focus in finance from the University of Illinois and one with a focus in public policy from Northwestern University, and has also completed a senior executives program at Harvard’s Kennedy School of Government. He is a Certified Treasury Professional (CTP®), an Accredited Investment Fiduciary (AIF®), and holds SASB’s FSA credential.
Rodrigo serves on the executive committee and chairs the investment committee for Northeastern Illinois University Foundation, serves on the investment committee for the Youth Guidance/Becoming a Man endowment, serves on the board of directors for The Thirty Percent Coalition and is the chairman emeritus of Student Veterans of America. He is also a Marshall Memorial Fellow, an ACPYL Fellow, a Chicago Council on Global Affairs Emerging Leader, a U.S./Mexico Leaders Fellow, a Truman Partner and an Atlantic Council Millennium Leadership Fellow. He has also been named one of the “Top 100 under 50” Executive Leaders by Diversity MBA Magazine and was recognized as a “Rising Star” by the National Society of Hispanic MBA’s. Rodrigo is a Fellow of the 2019 class of the Aspen Global Finance Leaders Fellowship of and a member of the Aspen Global Leadership Network. He is an avid entrepreneur, a successful financier, and an angel investor.