By Deborah Baker / Journal Staff Writer on Tue, Aug 30, 2011
The Legislative Council has appointed Harold W. Lavender of Albuquerque, a former member of the Chicago Board of Trade, to the State Investment Council.
Lavender succeeds Clayton banker Craig Reeves, who resigned for health reasons.
The bipartisan Legislative Council, which includes leaders of the Senate and House, appointed Lavender at its Monday meeting. He is one of four public members the legislative leaders name to the 11-member council.
Lavender, a lawyer who works for the Modrall Sperling law firm in a business development role, spent more than 33 years as a broker and trader on the floor of the Chicago Board of Trade, now CME Group.
A native of New Mexico — his late father was a vice president and dean at the University of New Mexico — he attended the U.S. Naval Academy and got his bachelor’s and law degrees from UNM.
He was a director of the Chicago Board of Trade and a member of the Chicago Board of Trade Executive Committee.
Lavender said he returned to New Mexico in 2010.
“I bring a unique perspective to the council primarily because of my experience,” he told the Journal. He said the SIC recently has been doing “an exemplary job” with investments and he looks forward to serving.
The SIC, which oversees the investment of about $15 billion in state funds, is chaired by the governor and includes the state treasurer, land commissioner and secretary of finance and administration, in addition to public members.
Lavender’s appointment leaves the council with one vacancy, a gubernatorial appointee.
— This article appeared on page C2 of the Albuquerque Journal