The Journey of Treasurer Fiona Ma
The first woman and first woman of color to serve as California’s State Treasurer.
2019 – Present: California State Treasurer
Oversees trillions in transactions, financing for schools, infrastructure, and housing.
2015 – 2019: Member, California State Board of Equalization
Elected to represent millions of Californians in the state’s elected tax commission.
2006 – 2012: California State Assemblymember (Served as Speaker Pro Tempore)
Authored laws on infrastructure, green technology, and public health.
2004 – 2006: San Francisco Board of Supervisors Championed affordable housing and public safety initiatives.
Early Career Certified Public Accountant (CPA) Brought over a decade of private-sector financial expertise to public service.
Senior Staff Biographies
Patrick Henning
Chief Deputy Treasurer
Khaim Morton
Deputy Treasurer
John Sheldon
Deputy Treasurer
Stephanie Tom
Deputy Treasurer
Official Portraits of Fiona Ma
A collection of official portraits for press, government, and public use.
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Treasurer's Corner
Explore podcasts, annual letters, and insights directly from Treasurer Fiona Ma.
Financing Change and Changing Finance In California with Fiona Ma’ Podcast
2021 Treasurer Ma's Year End Letter
2020 Treasurer Ma's Year End Letter
2019 Treasurer Ma's Year End Letter
Responsibilities and Functions
Elected every four years, the State Treasurer serves as California’s chief banker and investor, managing billions in public funds and financing schools, infrastructure, and housing while ensuring transparency and accountability.
Explore Key Responsibilities
Boards, Commissions, and Authorities
The Treasurer provides oversight and leadership by chairing and serving on key state financial bodies.
Treasurer Fiona Ma’s Blueprint for California
Discover the 6 strategic goals guiding our investments in affordable housing, small businesses, and a stronger economic future for all Californians.
Read the Full Plan (PDF)
Treasurer Ma’s Leadership Principles
Learn about the eight values that shape our mission to serve the people of California with integrity and innovation.
Learn More