Governance
Board of Directors
Manju Ganeriwala
Executive Chair, Retired Treasurer Commonwealth of Virginia
Ms. Ganeriwala is the former treasurer of the Commonwealth of Virginia. She was first appointed treasurer in 2009 and was subsequently reappointed by four governors from both major political parties, serving as treasurer until 2022. In her role, she oversaw the investment of public funds, issuance of bonds to finance infrastructure needs, management of state debt, provision of banking services to state agencies and administration of the state’s risk management and unclaimed property programs. Additionally, she served as chair of the Virginia Treasury Board and was a member of several other state boards including Housing, Port Authority, Resources Authority and College Savings Plans. Prior to her appointment as treasurer, she served as deputy secretary of finance for Virginia and held roles in the private sector for the East Ohio Gas Company.
Ms. Ganeriwala holds a Bachelor of Commerce degree from the University of Bombay and a Master of Business Administration from the University of Texas at Austin. She has received numerous professional awards including, the 2009 YWCA’s Outstanding Woman Award in Government and was a 2013 Toll Fellow. She is a Trustee and Secretary of the Financial Accounting Foundation and has formally served on the Municipal Securities Rulemaking Board as vice chair.
Teresa S. Brown, MGT
Trustee, Treasurer Alleghany County
Ms. Brown launched her government career in 2008 as a temporary associate in the City of Salem Treasurer's Office. By the end of that year, she stepped into the role of Deputy Treasurer at the Alleghany County Treasurer's Office. Since 2019, she has proudly served as the Treasurer. Ms. Brown earned her Master Governmental Treasurer (MGT) distinction by completing the required courses, exams, and continuing education credits through both the University of Virginia Weldon Cooper Center and the Commonwealth of Virginia Learning Center. This certification is a testament to her profound expertise in local government finance. A proud native of Alleghany County, she graduated from Alleghany County Schools and Dabney S. Lancaster Community College, now known as Mountain Gateway Community College. Additionally, Ms. Brown is an active member of the Treasurer’s Association of Virginia, which aims to promote professionalism and leadership among Treasurers and their staff through education, networking, and established performance standards.
Michael L. Adkins, CPA
Vice Chair & Trustee, Chief Financial Officer for the City of Danville, Virginia
Mr. Adkins received his B.S. in Accounting from Virginia Polytechnic Institute and State University in 1992 and his Certified Public Accountant Certificate in 1993. He received his MBA from Averett University in 1996, where he also served as an adjunct faculty member. Mr. Adkins was employed in both public accounting and private industry prior to joining the City of Danville in 2005. He also serves as treasurer of the Danville-Pittsylvania County Regional Facility Authority and executive secretary of the Employees Retirement System of the City of Danville. Mr. Adkins is a member of the Government Finance Officers Association, the Virginia Government Finance Officers Association and the Virginia Society of CPAs. He also serves in his community as treasurer of the Mount Hermon Volunteer Fire & Rescue Agency, as well as the Danville Area Choral Arts Society.
Scott B. Grindstaff, MGT
Trustee, Treasurer Henry County, Virginia
Mr. Grindstaff has served as treasurer of Henry County, Virginia, since first being elected in November 1999. He was re-elected for the seventh time in November 2023. A 1981 graduate of Fieldale-Collinsville High School, Grindstaff attended Clemson University from 1981 to 1985. He began his career in banking with Patrick Henry National Bank, where he worked from 1986 to 1999. His is also a 1999 graduate of the Virginia Bankers School of Bank Management, held through the University of Virginia.
Service Providers
ATLANTIC UNION MUNIPAL ADVISORS
Atlantic Union Municipal Advisors (AUMA) is an investment advisor based in Richmond, Virginia providing specialized investment advice to state and local governments and to local government investment pools. AUMA was formed in 2024 to highlight our commitment to serving the unique investment and fiduciary needs of state and local governmental entities in Virginia and throughout our footprint, and to enhance our client service focus for those customers. AUMA is solely owned and controlled by Atlantic Union Bank (AUB) which is a subsidiary of Atlantic Union Bankshares Corporation, a bank holding company headquartered in Richmond, Virginia and publicly traded on the NYSE.
FITCH RATINGS
As one of the world’s top three credit ratings agencies, Fitch Ratings plays a critical role in global capital markets by providing supplementary credit analysis, ratings, research, and commentary to financial market participants.
For over 100 years, Fitch Ratings has been creating value for global markets through its rigorous analysis and deep expertise, which have resulted in a variety of market leading tools, methodologies, indices, research, and analytical products. Fitch Ratings is part of Fitch Group, a global leader in financial information services with operations in more than 30 countries, which also includes Fitch Solutions. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
For additional information, please visit fitchratings.com.
US BANK GLOBAL FUND SERVICES
U.S. Bank Global Fund Services is a wholly owned subsidiary of U.S. Bank. It operates as a business unit within Wealth, Corporate, Commercial and Institutional Banking (WCIB), leveraging the financial strength and breadth of services of U.S. Bank while delivering customized services to our mutual fund, exchange-traded fund (ETF) and alternative investment clients.
We support investment managers, banks and broker-dealer firms sponsoring mutual funds, alternative investment and ETF products, with assets ranging from the level of start-up to $100 billion. Established in 1969 to exclusively serve the unique needs of registered and unregistered pooled products, we are headquartered in Milwaukee, Wisconsin, and have more than 1,800 employees operating across the world with a presence in key financial centers including Arizona, California, Illinois, New Jersey, New York, Ohio, Wisconsin as well as in Dublin, Luxembourg, Guernsey and Grand Cayman.
