Carol S. Kostik was reappointed Deputy Comptroller for Public Finance by New York City Comptroller Scott M. Stringer in January 2014, after having been initially appointed to this position by Comptroller William C. Thompson, Jr. in 2006 and reappointed by Comptroller John L. Liu in 2010. As Deputy Comptroller, Ms. Kostik directs City debt policy and issuance on behalf of Comptroller Stringer for such credits as New York City General Obligation, Transitional Finance Authority and Municipal Water Finance Authority. She also represents the Comptroller on various financing boards. During her tenure, Ms. Kostik has overseen $100+ billion of debt issuance. In May 2010, she received the annual Public Sector Award from the Municipal Forum of New York, an association of municipal securities professionals.
Before joining the Comptrollers office, Ms. Kostik was Senior Vice President and Chief Financial Officer of the New York City Housing Development Corporation and Chief Financial Officer of the Nassau County Interim Finance Authority, a State authority created in response to Nassau Countys fiscal distress.
Previously, she was a vice president in Merrill Lynch & Companys public finance department, where she worked with a wide range of issuers in the mid-Atlantic states. She began her career as at New York Citys Department of Housing Preservation and Development.
Ms. Kostik holds a masters degree in business administration from Stanford Universitys Graduate School of Business and a bachelor of arts degree in political economy from Williams College. She was a Governor of the Municipal Forum of New York from 2004-2011 and serves on Manhattan Community Board Three, covering the East Village, Lower East Side and Chinatown neighborhoods, at the appointment of the Manhattan Borough President.
Disclaimer: The biographical information is as of the date of posting.
