Board of Directors
The powers of the Bond Bank are vested in the Board of Directors consisting of three public members appointed by the Governor, the Commissioner of Revenue, and the Commissioner of Community and Economic Development. The Board Members are:
Mark Pfeffer - Chair
Mr. Pfeffer was appointed October 10, 2001, his current term expires July 15, 2013. Mr. Pfeffer is a registered architect who has owned and led an architectural practice in Alaska for over 20 years. He is active in the development, design and management of commercial real estate projects, many of which include public/private partnerships. He is a partner in the firms Koonce Pfeffer Bettis, Inc. and Venture Development Group, LLC Mr. Pfeffer received a Bachelor of Architecture Degree from the University of Nebraska in 1980.
Luke Welles - Vice Chair
Mr. Welles was appointed on May 16, 2008. Mr. Welles is Chief Financial Officer for the Yukon Kuskokwim Healthcare Corporation which administers healthcare in 52 rural communities, including a hospital located in Bethel, Alaska. He has management experience in healthcare, civil construction, and commercial real estate. Over the past 17 years he has served on several economic development commissions in the State, a city council in Homer, Alaska and multiple boards. Mr. Welles received a Bachelor of Arts in Foreign Service and International Business from Baylor University in 1989.
Gregory Gursey - Member
Mr. Gursey was appointed on June 22, 2009. Mr. Gursey became President of Benefit Brokers, Inc in 2001, after working as Vice President of Investments for Wedbush Morgan Securities for 11 years. Benefit Brokers has been providing investment advisory services to clients for over 30 years. Mr. Gursey also serves as a FINRA industry arbitrator in both civil and industry arbitration cases. After graduating from the University of Alaska Anchorage with a degree in finance, Mr. Gursey became involved with the University of Alaska Foundation. He served as the first Chairman of the UAA College of Fellows, currently is a member of the Investment Committee and serves as a Trustee to the UA Foundation. Mr. Gursey has served on the U.S. Treasury's Taxpayer Advocacy Panel, State of Alaska's Dental Examiner's Board, the Investment Commission for the Municipality of Anchorage, as well as numerous other boards.
Angela Rodell - Member
Deputy Commissioner of the Department of Revenue. Ms. Rodell joined the State of Alaska in September 2011. Formerly, she served as financial advisor to more than $30 billion of transactions for state and state authorities in Alaska, Arkansas, California, Illinois, New Jersey, New York, North Carolina, Rhode Island and Virginia. Transactions included general obligation, pension obligation, public power, tobacco securitization, single family housing, multifamily housing, military housing, toll road and transportation financing. Prior to becoming a financial advisor, Ms. Rodell served as the finance officer to Kentucky Housing Corporation. She has a Bachelor of Arts degree from Marquette University, Milwaukee, Wisconsin and a Master of Public Administration from the University of Kentucky, Lexington, Kentucky. Ms. Rodell is a Registered Representative of the Financial Industry Regulatory Authority with licenses as a General Securities Representative (Series 7), Uniform Securities Agent (Series 63) and Investment Banking Representative (Series 79).
Ted Leonard-Member
Mr. Leonard is the first delegate for Susan Bell, Commissioner of the Department of Commerce, Community and Economic Development. Mr. Leonard was appointed Executive Director of the Alaska Industrial Development and Export Authority (AIDEA) on May 19, 2008. He was most recently the Deputy Commissioner of the Department of Commerce, Community and Economic Development. In the Deputy Commissioner capacity, he oversaw the regulatory divisions of the department which included the Division of Insurance, the Division of Banking and Securities, and the Division of Corporations, Business and Professional Licensing. He served as the Commissioner’s designee on the boards of the Alaska Housing Finance Corporation, Alaska Aerospace Development Corporation, and the Alaska Community Service Commission. Mr. Leonard has worked for the last 19 years in both the government and private sector in the areas of finance and accounting in Alaska including the Mat-Su and Lower Kuskokwim School Districts as well as the City of Dillingham. He also served as the Director of Finance and Administrative Services for the City of Wasilla. He received his undergraduate degree from the College of Idaho and a Masters of Management from Willamette University. He is a Certified Management Accountant and Senior Professional in Human Resources.