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, or their delegates.
Luke Welles - Chair
Mr. Welles was appointed on May 21, 2008. Mr. Welles is the Senior Director of Business Development & Strategic Partnerships for the Alaska Native Tribal Health Consortium. Prior to this position, Mr. Welles served as Vice President of Finance for the Arctic Slope Native Association. Mr. Welles has also served as Chief Financial Officer for LifeMed Alaska LLC, which provides medivac services in Alaska, and the Chief Financial Officer for the Yukon-Kuskokwim Healthcare Corporation. He has management experience in healthcare, civil construction, and commercial real estate. 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.
Vice-Chair – Vacant
Adam Crum – Department of Revenue
Anna Latham - Delegate for the Department of Commerce, Community, and Economic Development
Ms. Latham is the first delegate for Julie Sande, the Commissioner of the DCCED. Ms. Latham was named the Deputy Commissioner of Commerce in January of 2025. She has spent the last decade working on labor and commerce policy and has served as Special Assistant to the Commissioner of Labor, the Deputy Director of the Division of Insurance, and most recently the Deputy Legislative Director in the Office of the Governor. In her role as Deputy Commissioner, she supervises the operations of the Department’s six public-facing divisions and works closely with Department leadership on special projects and implementing policy reform. Ms. Latham also represents the Commissioner on the Alaska Student Loan Corporation Commission and State Bond Committee. She is a graduate of the University of Alaska Southeast.
Kendell Koelsch - Member
Mr. Koelsch was appointed to the Board on May 28, 2020. He is currently a member of Juneau’s Economic Stabilization Task Force. He served as Mayor of the City and Borough of Juneau from 2016 to 2018. Prior to that, he was Deputy Mayor from 2001 to 2003 and a Borough Assembly member from 1997 to 2001. His work experience also includes United States Customs Inspector and Port Director from 1980 to 2003 and Port Director and founding member of Customs and Border Protection, United States Department of Homeland Security from 2003 to 2014. Mr. Koelsch also taught English, history, and government at Juneau-Douglas high school from 1968 to 1996. He has a Bachelor of Arts Degree from Michigan State University, a Master of Arts in Teaching from the University of Alaska Fairbanks, and a Masters in Administration from the University of Alaska Southeast Juneau.