Global Conference 2010
Treasurer, State of North Carolina
Janet Cowell is Treasurer of North Carolina. Elected in 2008, she oversees the state's investments, including $60 billion in pension fund investments for public employees; $12 billion in short-term cash investments for state agencies, universities, community colleges and trust funds; and $4 billion in 401(k) and 457 supplemental retirement funds. Cowell's office manages the issuance of several billion dollars of debt each year and helps cities, towns and counties by monitoring their financial condition while providing professional technical assistance on audit and financial reporting. Cowell serves as chair of the State Banking Commission and on North Carolina's state education and community college boards. She has also been a state senator and Raleigh councilwoman. Previously she worked as a financial analyst with HSBC Bank and Lehman Brothers. Cowell received an M.B.A. from the University of Pennsylvania's Wharton School and a master′s degree in international studies from Penn's Lauder Institute.