Fellow state treasurers of the National Association of State Treasurers (NAST) recently elected South Carolina Treasurer Curtis Loftis to serve on the organization's executive committee during its recent annual conference.
Starting in January, Loftis will be the VP of the Southern Region. In this position, Loftis will be the bridge between the state treasurers in the southern NAST region and the executive committee.
Loftis’ main responsibilities include offering policy direction for the association. He will act on urgent matters as needed, until the issues can be resolved by the entire membership as a team.
In addition, Loftis will be the National Association of Unclaimed Property Administrators president. This organization protects consumers by working with administrators, states, and property holders to bring together lawful owners and their properties. Typically, unclaimed property can be uncashed checks, bank accounts, insurance settlements, and inheritances.
As of today, Loftis handles and invests an estimated $50 billion in local as well as state funds.
“It is a great honor for Treasurer Loftis to be recognized by his colleagues for his national leadership on pension reform, unclaimed property administration and fiscal responsibility,” Ken Miller, Oklahoma State Treasurer and incoming NAST President, said. “I look forward to having his insight and expertise on the executive committee.”