The Connecticut Health and Educational Facilities Authority (CHEFA) has promoted Cynthia Peoples to managing director, operations and finance and Michael Morris to managing director, client services.
Peoples most recently was assistant director, providing oversight of arbitrage rebate, investments and information systems. In her new role, Peoples will manage accounting and human resources, including overseeing accounting, budget development and financial reporting, as well as payroll and HR services. Peoples will retain management of investments and continue her role as the director of network infrastructure and systems development functions.
Morris most recently served as assistant director while providing oversight for the bond issue application and closing processes for institutions seeking financing through the authority, as well as providing oversight for CHEFA’s tax-exempt leasing program. In his new role, Morris will retain responsibility for transaction management and sector review, provide management of arbitrage rebate, and focus on new product implementation and new sectors, as well as develop CHEFA as a client resource.