Oregon State Treasury is pleased to announce Jaime Alvarez as our new Director of Debt Management. In his new role, Jaime will oversee the statewide program responsible for issuing all State of Oregon bonds and managing the state’s outstanding debt.

Jaime was promoted to the Director position after serving as the Deputy Director and Senior Debt Program Manager of Treasury’s Debt Management Division since 2021.

“Jaime has been a valuable member of our bonding program since joining Treasury and I am excited to announce his appointment as the new Director of the Debt Management Division,” said Oregon State Treasurer Tobias Read. “I have confidence in Jaime’s ability to lead and advance the program’s efforts to build a better Oregon through bonds and careful management of our state’s debt.”

In his new role, Jaime leads a team that works closely with partners from across state government, regional and local governments, nonprofits, and the financial industry to provide financing assistance. Put another way: when governing bodies across Oregon need to finance capital projects like affordable housing or retrofit a school facility with seismic upgrades, Jaime and his team make it happen.

He will also serve as Treasurer Read’s designee on the Oregon Private Activity Bond Committee and the Oregon Municipal Debt Advisory Committee.

Prior to joining Treasury, Jaime worked for the City of Houston, Texas, as the Division Manager of the Capital Management and Debt Management Division of the Finance Department. In his capacity as Division Manager for the City of Houston, Jaime worked on bond issuances for General Obligation, Combined Utility System, Airport and Convention and Entertainment credits. Jaime’s prior experience also includes financial positions at The Bank of New York and JP Morgan Chase Bank.

Jaime holds an M.B.A. in Energy Finance from Texas Southern University and a B.B.A. in Finance from the University of Houston.

Appointed in mid-October, Jaime succeeds Jacqueline Knights, who accepted a senior position with the United States Department of Treasury.