Ambassador Eleni Kounalakis is the 50th Lieutenant Governor of California and the first woman elected to the office. From 2010 to 2013, Kounalakis served as U.S. Ambassador to the Republic of Hungary and in 2015 published her acclaimed memoir, “Madam Ambassador, Three Years of Diplomacy, Dinner Parties and Democracy in Budapest”. Prior to her service, Kounalakis spent 18 years as an executive at one of California’s most respected housing development firms, AKT Development. Throughout her career, she served on numerous boards and commissions including California’s First 5 Commission, the San Francisco War Memorial, San Francisco Port Commission, and the Association of American Ambassadors. Eleni Kounalakis graduated from Dartmouth College in 1989 and earned an MBA from U.C. Berkeley’s Haas School of Business in 1992. She holds Honorary Doctorates of Laws from the American College of Greece and the University of Piraeus and is a member of the Council on Foreign Relations. She is married to Dr. Markos Kounalakis and the couple has two sons, Neo and Eon.
Fiona Ma is California’s 34th State Treasurer. She was first elected on November 6, 2018, with more votes (7,825,587) than any other candidate for treasurer in the state’s history and reelected on November 8, 2022. She is the first woman of color and the first woman Certified Public Accountant (CPA) elected to the position. The State Treasurer’s Office was created in the California Constitution in 1849.
It provides financing for schools, roads, housing, recycling and waste management, hospitals, public facilities, and other crucial infrastructure projects that better the lives of residents. California is poised to become the world’s fourth-largest economy and Treasurer Ma is the state’s primary banker. Presently, her office processes more than $3 trillion in banking transactions. She provides transparency and oversight for the government’s investment portfolio and accounts, as well as for the state’s surplus funds. Treasurer Ma oversees an investment portfolio that currently averages over $200 billion—a significant portion of which is beneficially owned by more than 2,200 local governments in California. She serves as agent of sale for all State bonds and is trustee of billions of dollars of state indebtedness.
