LEADERSHIP

During his tenure, David Zimmer has focused on broadening the reach of the I-Bank's financing programs and bringing efficiencies to the I-Bank's processes. He has introduced several new successful loan programs that include the short-term Construction Loan Program, the SAIL Disaster Relief Loan Program, and the NANO Loan Program, which provides heavily subsidized funding for the State's smallest drinking water systems. He has overhauled the I-Bank's credit policy to bring transparency and clarity to borrowers and investors and has improved the efficiency and effectiveness of the I-Bank by implementing a modern, web-based loan management system, enhancing internal controls, and requiring more thorough, compliance oversight. David is a Chartered Financial Analyst and has over two decades of experience working on Wall Street specializing in structured finance debt instruments. David holds a Master's degree in Business Administration with a concentration in Finance from the University of Notre Dame and a Bachelor of Civil Engineering degree from the University of Dayton.

Lauren Kaltman has served as the Chief Financial Officer of the I-Bank since June of 2012. During her tenure, Lauren has introduced several efficiencies to the I-Bank's Accounting and Finance Department that have strengthened the budgeting and reporting processes, improved the billing and collection processes, and tightened the credit and investment policies. In her previous positions working for Capital Holding Corporation as Director of New Initiatives and Institutional Marketing and for Citibank, N.A. in the bank's Corporate Financial Analysis Department, Lauren gained experience in corporate reporting, investment operations, distressed loan management and strategic planning. Lauren earned a Master's degree in Business Administration with a concentration in Finance and Management of Organizations from Columbia University and a Bachelor of Arts degree in Mathematics from Duke University.

Judy Karp has served as the I-Bank's Assistant Director since 2019, and its Legal and Compliance Officer since 2014. As the I-Bank's LCO, Judy oversees the numerous Federal, State and regulatory compliance requirements that impact the I-Bank. In addition, she is responsible for compliance with disclosure requirements, monitoring legislative and regulatory changes, providing guidance on procurements and contracts and assisting in the development and preparation of the I-Bank's annual legislation. Judy has previous experience in commercial litigation and served as confidential law clerk to Federal District Judge Michael A. Telesca in the Western District of New York. Judy received a Juris Doctorate from Vanderbilt University and a Bachelor of Arts degree from Colgate University. She is a licensed attorney in the States of New Jersey and New York.

George Rolon has served as the I-Bank's Chief Operating Officer since August of 2022. Previously, George served as the I-Bank's project manager for both the Water and Transportation Banks. During his tenure at the Infrastructure Bank, Mr. Rolon has been responsible for improving the efficiency and effectiveness of the I-Bank through developing the I-Banks two web-based loan management systems, implementing several new loan programs including the Statewide Assistance Infrastructure Loan ("SAIL") disaster relief financing program that aided New Jersey's Superstorm Sandy rebuild efforts for water systems, the creation of the I-Bank's innovative Transportation Bank financing program with the NJDOT, and most recently, working with the NJ Office of Emergency Management to further develop pre-disaster and resiliency programs under FEMA's BRIC and STORM programs. In his previous positions working for American Infrastructure Construction Change Partners as a Career Track Partner and Project Manager, George gained experience in project design, construction management, on-site regulatory audits, cash flow reporting, and grants management. George holds a Bachelor of Science degree in Civil Engineering and a dual Master of Science degree in Civil Engineering and Construction Management from the New Jersey Institute of Technology's Newark College of Engineering.