South Carolina Treasurer Curtis Loftis Jr. on Tuesday announced the appointment of West Summers as the senior assistant state treasurer.
In his new role, Summers will be in charge of investment management of more than $14 billion in portfolios and cash, the Local Government Investment Pool and other financial assets for the state.
Summers has a background in the financial services industry that goes back more than three decades. He has served as a senior vice president for Bank of America, NBSC, SCBT and Wells Fargo.
“West’s depth of knowledge in investments and complex financial analysis is a huge asset for the State Treasurer’s Office,” Loftis said. “His strategic approach to portfolio management and risk assessment will help maximize investment returns while protecting our state’s resources.”
Summers is a South Carolina native who earned a bachelor’s degree in business economics from Wofford College. He is a graduate of Louisiana State University’s Graduate School of Banking.
The South Carolina Office of the State Treasurer is charged with providing transparent, accountable and efficient banking, investment and financial management services for the South Carolina State Government.