CHEFA’s Weldon to succeed Asher

The Connecticut Health and Educational Facilities Authority (CHEFA) said it has named Jeanette W. Weldon as its next executive director.

Weldon succeeds Jeffrey A. Asher, who will retire in July after 26 years with CHEFA — the past six as executive director.

Weldon has been with the quasi-public agency for the past six years and will continue to lead CHEFA’s subsidiaries: the Higher Education Supplemental Loan Authority and the Student Loan Foundation.

She has prior experience as a financial advisor, investment banker and rating agency analyst.

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Barbara Rubin, CHEFA’s board chairwoman, called Weldon “absolutely the right person to take on this critical role.”

CHEFA provides access to grants and financing to nonprofits and has more than $8 billion in outstanding bonds.

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