Andy Nakahata was appointed by California Governor Gavin Newsom in 2025 as Executive Director and Chief Operating Officer of the California Infrastructure and Economic Development Bank (IBank).
Nakahata’s experience includes 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.
Prior to joining IBank, Nakahata 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. Nakahata also served as a public finance investment banker with Citigroup, J.P. Morgan, and Goldman Sachs.
Nakahata is a graduate of Wesleyan University and the Yale School of Management.