By TONIA HILL
Lois Scott, the former Chief Financial Officer for the City of Chicago, has been named inaugural chair of the advisory board for the Center for Municipal Finance at the University of Chicago Harris School of Public Policy.
Scott’s new role was made public, Monday, Nov. 21. In her role as chair, Scott will lead the board in providing oversight to the Center for Municipal Finance, which recently expanded its research and teaching initiatives.
Kerwin Charles, the interim dean of the Harris School, selected Scott for the advisory board post; he believes that Scott fits the goals of the center.
“Lois Scott will bring a lot of depth and leadership to the board,” said Charles in a written statement. “Her years of experience in public finance, as a banker, advisor, credit provider and ultimately as a government official will help bridge the gap between academic research and practitioners, one of the key goals of the center.”
Scott, who earned a B.S. and M.B.A in finance from Cornell University, has over 30 years of experience in municipal finance. In 1995, Scott was a founder of the Women in Public Finance, a professional organization that down to include 1,500 finance industry professionals through 12 chapters nationwide.
Previously, she co-founded Scott Balice Strategies (now PFM Group). She has also held senior positions at First Chicago (J.P. Morgan), Donaldson, Lufkin & Jenrette (Credit Suisse) and Bank of America.
Currently, Scott serves on the board of directors of the Chicago Stock Exchange and MBIA, a bond insurance company. In the fall of 2016, she was elected to the board of the Federal Home Loan Bank of Chicago, which she will begin in January 2017.