John Sheldon joins the State Treasurer’s office as a Deputy Treasurer. He brings 34 years of public finance experience, primarily as a banker to many of the largest municipal debt issuers in the U.S., including the State of California, and has helped raise over $100 billion of capital for state and local governments throughout his career. He spent the majority of his career at a national investment bank where he managed the infrastructure group and served as a lead banker to the State of California. His banking experience includes working on some of the State’s largest and most complex bond issues for the State’s General Obligation Bond Program, Public Works Board Lease Revenue Bond Program, Department of Water Resources and Water Resources Control Board. He has also worked closely with the State’s bond issuing authorities and the IBank.