MONTPELIER, VT – Vermont State Treasurer Beth Pearce announced today the appointment of Premila Peters to the Capital Debt Affordability Advisory Committee (CDAAC). Ms. Peters’ appointment began August 23, 2021.
Ms. Peters is the current president of Data Innovations, a healthcare information technology company in Colchester. She holds an MBA from the University of Vermont and a bachelor’s degree from the University of Bombay, India. Additionally, she holds the designation of Chartered Financial Analyst (CFA) and is a Certified Public Accountant (CPA) licensed in Vermont. Ms. Peters also serves on the boards of Vermont Mutual Insurance, Vermont Business Roundtable Foundation, and the King Street Center.
“I am honored to receive this appointment to serve on the CDAAC – throughout my career I have tackled a diverse range of challenges. I have made Vermont my home for almost thirty years and am committed to growing the local community and economy,” said Premila Peters upon her appointment.
“I am thrilled that Premila has accepted an appointment to the CDAAC,” added Treasurer Beth Pearce. “She will bring both broad experience and honed financial acumen to the table for critical discussions on Vermont’s long-term general obligation debt affordability.”
The CDAAC is responsible for completing an annual review of the size and affordability of State tax-supported general obligation debt and submits to the Governor and to the General Assembly an estimate of the maximum amount of new long-term general obligation debt that prudently may be authorized for the next fiscal year. The committee is made up of four ex officio members, two appointees of the Governor and one appointee of the Treasurer. The ex officio members are the State Treasurer, who serves as Chair, the Auditor of Accounts, the Secretary of Administration, and a representative of the Vermont Bond Bank.