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California State Treasurer Fiona Ma announced her appointment of Jeffrey Wurm as the Director of the Investment Division for the State Treasurer’s Office.
Wurm, a 21-year employee of the State Treasurer’s Office, will oversee the Investment Division’s three capacities as its director: the Pooled Money Investment Account (PMIA), Time Deposit Program, and Local Agency Investment Fund.
“I am excited to welcome Jeff to this new role and am thankful for his steady hand, institutional knowledge, and multifaceted insight,” said Treasurer Ma. “I am pleased to be elevating such a seasoned employee within our office and I look forward to his continued leadership in this role.”
Prior to this appointment, Wurm served as the Assistant Director for the Investment Division for five years. During his 16-year tenure with the division, Wurm has been an Authorized Trader, the Time Deposit Program Manager, and the Credit Manager for the PMIA.
Wurm began his career at the State Treasurer’s Office in the Securities Management Division, where he cleared and settled the trades for the PMIA. He also worked in the Cash Management Division managing Vault Services and assisted with the long-range cash forecast.
Before joining the State Treasurer’s Office, Wurm spent two years at E*TRADE Securities and two years at Franklin Templeton Investments. He earned his Bachelor of Science degree in Business Administration (Business Management) from California State University, Fresno.
