Andy Nakahata

Andy Nakahata is the Executive Director at IBank.

Prior to being appointed by Governor Newsom in 2025 as Chief Deputy Executive Director and Chief Operating Officer of the California Infrastructure and Economic Development Bank (IBank), Andy Nakahata spent more than 30 years working with state and local governments, public and private universities, public utilities and other entities developing financing solutions to fund infrastructure projects through the tax-exempt and taxable debt markets.

Nakahata is a native of San Francisco and a long-time Bay Area resident. Prior to joining the IBank, he worked at TD Securities as Director and Western Region Head, UBS Financial Services as Managing Director and Regional Head of Public Finance, West Region, and National Public Finance Guarantee Corporation as Managing Director and Head of West Region New Business building each respective firm’s presence and business in the western region. Nakahata also served as a public finance investment banker with Citigroup, J.P. Morgan and Goldman Sachs.

Nakahata has spent his career finding creative solutions to fund public infrastructure projects at the lowest cost of funds. He plans to leverage his experience as a banker and financial services executive to further strengthen the IBank’s mission to provide financial assistance to support infrastructure and economic development.

A testament to his connection with the California public finance industry, Nakahata has served five times as Co-Chair of the California Bond Buyer Conference, the largest public finance conference in the country.

Nakahata is an active community member, currently serving as Treasurer of the Board of Trustees of San Francisco University High School and is a current and founding member of the Board of Directors of Asian Americans in Public Finance. He previously served as Chair of the Board of Trustees of Marin Country Day School, Secretary of the Board of Directors of Kokoro Assisted Living, Treasurer of the Board of Directors of Enterprise for Youth and member of the Board of Directors of the Asian Pacific Youth Leadership Project.