Utah governor taps Oaks as new state treasurer
Utah has a new state treasurer.
Gov. Spencer Cox announced Tuesday afternoon he has appointed Marlo Oaks, an investment banker, to the position.
"Marlo's broad experience in investment banking, risk management and portfolio oversight makes him an excellent choice as custodian of public funds," Cox said in a statement. "I'm also impressed with his involvement in two nonprofits and Utah Valley University. I commend his desire to serve the public in this new capacity."
Oaks has worked in banking in Hong Kong as well as other financial positions in Los Angeles and Salt Lake City. He serves on the foundation investment committee at Utah Valley University. He has degrees from Brigham Young University and UCLA.