The Illinois State Treasury on Leading From the Front

Listen to Jason Mitchell discuss with Rodrigo Garcia, Deputy State Treasurer and CIO for the Illinois State Treasury, about how the State of Illinois is embedding sustainability factors into its investment process.

How is the State of Illinois is embedding sustainability factors into its investment process? Listen to Jason Mitchell discuss with Rodrigo Garcia, Deputy State Treasurer and Chief Investment Officer for the Illinois State Treasury, how sustainability is driving his allocation and diversification process, what the implications could be for the Department of Labor rule proposals around ESG and why it’s vital to improve access to capital to address the disproportional socio-economic impacts of the pandemic.

 

Recording date: 09.09.2020

 

Rodrigo Garcia

Rodrigo Garcia is Deputy State Treasurer and Chief Investment Officer for the Illinois State Treasury. He directs the Treasury’s investment portfolio of more than $32 billion, $300 billion in related banking operations and financial services, and a $4 billion agency budget and financial reporting unit. Rodrigo was previously the Director of the Illinois Department of Veterans’ Affairs and a member of the Illinois Cabinet. He’s worked for Morgan Stanley and the Federal Reserve Bank of Chicago. He’s also an Adjunct Professor at Northwestern University, an Aspen Global Fellow and recent TEDx speaker.

The State of Illinois has the fifth largest gross domestic produce (GDP) in the United States and represents the 19th largest economy in the world.