Governance
The NMFA Board of Directors is composed of eleven members. Six ex-officio members with voting privileges include the Secretary of the Department of Finance and Administration; the Secretary of Economic Development; the Secretary of Energy, Minerals and Natural Resources; the Secretary of the Environment Department; the Executive Director of the New Mexico Municipal League and the Executive Director of the New Mexico Association of Counties. The Governor, with the advice and consent of the Senate, appoints five members to the NMFA Board including the chief financial officer of an institution of higher education and four members who are residents of the state. The appointed members serve at the pleasure of the governor and are appointed to four-year terms.
The NMFA Bylaws provide the fundamental principles of NMFA’s structure, directors and officers. The NMFA Board maintains five standing committees each with specified responsibilities set forth in its committee charter.
NMFA Board of Directors
| NAME | POSITION |
| Kathy Keith, Chair | Public Member |
| Martin Suazo, Vice-Chair | Public Member |
| A.J. Forte, Secretary | Executive Director, New Mexico Municipal League |
| Andrew Burke | Retired Higher Education Administrator |
| Joy Esparsen | Executive Director, New Mexico Counties |
| James Kenney | Secretary, Environment Department |
| Alicia Keyes | Secretary, NM Economic Development Department |
| Ronald Lovato | Public Member |
| Sarah Cottrell Propst | Secretary, Energy, Minerals and Natural Resources Department |
| Wayne Propst | Secretary, Department of Finance and Administration |
Executive Committee
| NAME | POSITION |
| Kathy Keith | Public Member |
| Andrew Burke | Retired Higher Education Administrator |
| A.J. Forte | Executive Director, New Mexico Municipal League |
| Alicia Keyes | Secretary, Economic Development Department |
| Martin Suazo | Public Member |
Audit Committee
| NAME | POSITION |
| Andrew Burke, Chair | Retired Higher Education Administrator |
| Alicia Keyes | Secretary, Economic Development Department |
| Sarah Cottrell Propst | Secretary, Energy, Minerals and Natural Resources Department |
| Martin Suazo | Public Member |
Economic Development Committee
| NAME | POSITION |
| Alicia Keyes, Chair | Secretary, Economic Development Department |
| James Kenney | Secretary, Environment Department |
| Ronald Lovato | Public Member |
| Sarah Cottrell Propst | Secretary, Energy, Minerals and Natural Resources Department |
| Wayne Propst | Secretary, Department of Finance and Administration |
Public Lending Committee
Name |
Position |
| A.J. Forte, Chair | Executive Director, New Mexico Municipal League |
| James Kenney | Secretary, Environment Department |
| Joy Esparsen | Executive Director, New Mexico Counties |
| Wayne Propst | Secretary, Department of Finance and Administration |
| Ronald Lovato | Public Member |
Finance and Disclosure Committee
| NAME | POSITION |
| Martin Suazo, Chair | Public Member |
| A.J. Forte | Executive Director, New Mexico Municipal League |
| Joy Esparsen | Executive Director, New Mexico Counties |
| Wayne Propst | Secretary, Department of Finance and Administration |