Kenney Announces City Treasurer, Budget Director & First Deputy Finance Director
PHILADELPHIA – In a statement, Mayor-elect Jim Kenney announced that Rasheia Johnson will serve as City Treasurer, Anna Wallace Adams will serve as Budget Director, and that Catherine Paster will serve as First Deputy Finance Director:
“Rasheia Johnson has a proven record of leadership and excellence working in both government and the private sector. Her technical and analytical expertise will aid her as she maintains the fiscal stability of our city. I have no doubt that she will thrive as our next City Treasurer.”
Rasheia Johnson will serve as City Treasurer. Johnson currently serves as Senior Vice President of full-service investment banking and financial services company Siebert Brandford Shank & Co., LLC. She also heads their Philadelphia office. Previously, Johnson worked in the at Loop Capital Markets, Public Financial Management and as Assistant to the Director of Finance for Debt Management for the City of Philadelphia. Over her career, Johnson has managed over $7 billion in transactions and has provided complex technical and analytical expertise for a variety of issuers.
“Anna Adams is the perfect choice to be the city’s next Budget Director. Her experience working in government both here in Philadelphia and abroad in Europe will provide her with a unique perspective when handling the city’s budget. I look forward to working with her to maintain our city’s finances while continuing to provide much needed services to those in need throughout Philadelphia.”
Anna Wallace Adams will serve as the City’s Budget Director. Adams is currently Chief of Staff in the City’s Finance Department and works on financial policy areas including tax reform and education funding. She also sits on several Boards and Commissions, including the Mayor’s Fund for Philadelphia, and acts as Treasurer for the Philadelphia Housing Development Corporation. Adams also oversees the Mayor’s Office of Grants and the Contracts Legislative Unit. Prior to her current position, Adams held the positions of Deputy Budget Director for the City, Legislative Director at the European Parliament in Brussels, and as a Communications Director at the National Assembly for Wales in Cardiff. Adams holds a Masters degree in Government Administration from the Fels Institute of Government at the University of Pennsylvania and a Bachelor’s degree in Politics from the University of Nottingham.
“Catherine Paster has done a terrific job as First Deputy Director of Finance and I look forward to seeing her continue in that role. The financial management policies that she’s implemented in the city’s Finance Department have proved extremely beneficial to preserving our finances. There isn’t a better person to help ensure that our city’s programs continue to be properly financed.”
Catherine Paster will continue to serve as First Deputy Finance Director. Paster has served in this role for the past eight years, providing leadership, oversight, and direction for the implementation of citywide financial management policies and procedures, as well as overseeing day-to-day operations of the various divisions of the Finance Department, which includes a staff of approximately 150 employees. Previously, Paster spent almost eight years with Temple University, most recently as Assistant Vice President for Management Analysis. Her responsibilities included development and oversight of the University’s multi-year capital funding plan, as well as overseeing daily operational activities, major program initiatives and the operating budget of all divisions within the Senior Vice President’s portfolio. Paster is a long-time City employee who served for nearly 18 years in various financial management positions prior to her time at Temple and her current position as First Deputy Finance Director.