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Chief Financial Officer Announces Departure of District Treasurer N. Anthony Calhoun

Wednesday, August 24, 2005
Associate Treasurer Lasana Mack will serve as acting deputy chief financial officer for the Office of Finance and Treasury until a permanent replacement is named.

(Washington, DC) Chief Financial Officer Natwar M. Gandhi announced today that Deputy Chief Financial Officer and Treasurer N. Anthony Calhoun has resigned, citing his interest in pursuing opportunities with the private sector. Dr. Gandhi and Mr. Calhoun jointly announced the resignation to the staff of the Office of Finance and Treasury earlier today.

“During his years with the District, Tony Calhoun’s skills and leadership have led to many accomplishments in the Office of Finance and Treasury and throughout the Office of the Chief Financial Officer. Not the least of these is the improvement of the District's bond rating from BBB to A by all three rating agencies, one of the most credible measurements of the District's fiscal recovery,” said Dr. Gandhi.

Calhoun was appointed treasurer in 2001. He has served in various positions in the District and federal governments, including eight years as deputy executive director and chief financial officer of the federal Pension Benefit Guaranty Corporation.

Lasana Mack, associate treasurer for debt management and cash, will serve as acting deputy chief financial officer for the Office of Finance and Treasury until a permanent replacement is named. To ensure a smooth transition, Calhoun will remain with the Office of the Chief Financial Officer in an advisory capacity.