Diehl named new executive director of R.I. Infrastructure Bank

JEFFREY R. Diehl has been named the new executive director of the Rhode Island Infrastructure Bank. / COURTESY RHODE ISLAND INFRASTRUCTURE BANK
JEFFREY R. Diehl has been named the new executive director of the Rhode Island Infrastructure Bank. / COURTESY RHODE ISLAND INFRASTRUCTURE BANK

PROVIDENCE – Jeffrey R. Diehl, a managing partner of a financial consulting firm, has been named the new executive director of the Rhode Island Infrastructure Bank, the state announced Friday.
Diehl has more than 30 years of experience in multinational banking, capital market strategy and public sector finance, according to a news release.
Prior to his role at New York-based Strategic Sovereign Advisors LLC, Diehl held positions at the global bank HSBC Securities, where he served as vice chairman of the U.S. Public Sector, among other roles, according to his profile on LinkedIn.
He holds a bachelor’s degree and an MBA from the University of Michigan.
Diehl will succeed Joe Dewhirst, who served as interim executive director.
The appointment came in a unanimous vote of the bank’s board of directors.
Formerly known as the Rhode Island Clean Water Finance Agency, the Infrastructure Bank is a quasi-public entity that serves as financial administrator of the Clean Water and Drinking Water state revolving funds. It issues bonds and can provide low-cost financing for the state’s municipalities and sewer and water utilities.
In a statement, he said he was excited to join the team. “I look forward to expanding the agency’s track record of smart investments that make Rhode Island a better place to live and work,” he said. “I am also looking forward to successfully implementing the bank’s new programs designed to invest in important renewable and efficient energy projects for Rhode Island’s residents and businesses.”

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