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Catherine Bando Named New Executive Director for CSCDA

January 31, 2014
The California Statewide Communities Development Authority Commission (CSCDA) announced the appointment of Catherine Bando as executive director effective Jan. 16.
CSCDA believes Bando will be an excellent steward of the organization’s mission in assisting local government by creating economic development throughout California.
Bando has more than 30 years of experience in public finance investment banking in California. During her career as an investment banker, Bando served more than 300 California local governments on more than $20 billion of tax-exempt and taxable bond offerings. Her many accomplishments include managing the $1.89 billion CSCDA Proposition 1A securitization of the state budget stabilization obligation for more than 1,200 local governments in 2009, which was the largest public agency pooled financing ever completed. Bando's broad experience also covers general obligation bonds, pension obligation bonds, commercial paper programs, tobacco securitizations, and lease and land-secured financings.  
Bando says of her new position, "I'm excited to join CSCDA and look forward to working with the Commission, CSCDA's sponsors, the California State Association of Counties and the League of California Cities, and the management team as we continue to build CSCDA's excellent array of products and services. It is an honor to join an innovative organization that has worked with the highest level of integrity for more 25 years to serve California local governments and public benefit entities."
More information about CSCDA can be found at www.cacommunities.org.

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