NMFA Bond Team

Learn about the NMFA Bond Team at New Mexico Finance Authority Public Project Revolving Fund (PPRF), including our Chief Executive Officer, Chief Financial Strategist, and Treasurer/Investment Manager.

Marquita Russel

Chief Executive Officer
(505) 984-1454

Ms. Russel joined NMFA in September 2000 and was appointed as NMFA's Chief Executive Officer in November 2019. Prior to this, she served as NMFA's Chief of Programs since 2003. Before joining NMFA, Ms. Russel spent 10 years at the Illinois Development Finance Authority, where she held the positions of Marketing Director and Senior Program Administrator. Ms. Russel earned her Bachelor of Science degree from Marquette University in Milwaukee.

Lawrence ("Chip") Pierce

Chief Financial Strategist
(505) 992-9620

Mr. Pierce is NMFA's former financial advisor who joined NMFA in October 2022 as  Chief Financial Strategist. Mr. Pierce acted as financial advisor to municipal entities from 1986 to 2019, at which point he retired for approximately 3.5 years. During his career, he served as financial advisor to five state bond banks. As advisor to NMFA since its creation in 1992, Mr. Pierce oversaw the issuance of more than $2.5 billion of NMFA debt. He was instrumental in the development of NMFA's flagship Public Project Revolving Fund program in 1994-1995 and advised NMFA in its relationships with the rating agencies. Mr. Pierce earned a Bachelor's degree from Colorado College and a Master's degree from the Wharton School, University of Pennsylvania.

Mark Lovato

Treasurer/Investment Manager
(505) 992-9629

Mr. Lovato joined NMFA in August 2003. Prior to that, he worked for the State of New Mexico Public Employees Retirement Association. Mr. Lovato has over 18 years of experience in investments and finance, the majority of which was in the public sector. Mr. Lovato has a Bachelor's degree in Business Administration/Finance from the University of New Mexico, and a Master's degree in Business Administration/Finance from the New York Institute of Technology.

Daniel Opperman

General Counsel
(505) 992-9669

Mr. Opperman joined NMFA in November 2010 as Assistant General Counsel and became General Counsel in October 2012. Prior to joining NMFA, Mr. Opperman served as General Counsel for the New Mexico Department of Transportation (NMDOT) for two years. Mr. Opperman obtained his law degree from the University of New Mexico School of Law and his Bachelor of Arts degree in Economics from the University of New Mexico. Mr. Opperman is a retired professional baseball player with the Los Angeles Dodgers organization.

Oscar Rodriguez

Chief Financial Officer
(505) 984-1454

Mr. Rodriguez joined NMFA in October 2016. Before that, he served as the Finance Director for the City of Santa Fe. Mr. Rodriguez has more than 25 years of experience managing local government financing in New Mexico, District of Columbia, Texas, Maryland, and abroad. He received a Masters of City Planning degree from the Massachusetts Institute of Technology in 1982 and a Bachelor of Arts degree from Harvard University in 1980.

Christine Choi

PPRF Program Financial Advisor
(415) 393-7247

Christine brings over ten years of experience in capital planning, ongoing debt portfolio management, transaction management and strategic financial planning for municipal clients. Christine has been involved in the debt structuring and issuance of over $10 billion in bond issues. In addition to her transaction experience, Christine works with municipal entities on long-term capital planning, policy development and capacity analysis, public private partnerships relating to real estate development of publicly owned land, and credit strategy development. She identifies opportunities regarding market and legislative developments, financing ideas, and sector trends. Christine provides financial advisory project management for a variety of clients including the New Mexico Finance Authority, State of Oregon, State of Hawaii, Port of San Francisco, and San Francisco International Airport. Christine serves as Vice President of Asian Americans in Public Finance and Vice President (Programs) of Women in Public Finance, Northern California Chapter.