December 21, 2014

News

OST Seeks Advisory Board Nominees

Total of Nine Board Members needed, Submission Deadline is December 29th

WASHINGTON – The Special Trustee for American Indians is requesting candidate nominations for individuals to serve on the Special Trustee Advisory Board. The board’s purpose, as defined in the 1994 American Indian Trust Fund Management Reform Act (“Reform Act”), is to provide advice to the Special Trustee on all matters associated with the trust responsibilities overseen by the office.

“This board is an opportunity for OST to receive meaningful advice and prudent perspectives on trust management reforms at the Department of the Interior,” said Special Trustee, Vincent G. Logan. “The Reform Act directed the Special Trustee to appoint leaders from academia and finance so that OST can maintain a beneficiary focus and deliver well-informed trust management services to individual Indian and tribal beneficiaries.”

The board is not subject to the Federal Advisory Committee Act and members will serve two-year terms without compensation. The board, as required by the Reform Act, is composed of:

five members representing trust fund account holders, including both tribal and Individual Indian Money accounts;

two members with practical experience in trust fund and financial management;

one member with practical experience in fiduciary investment management; and,

one member from academia with knowledge of general management of large organizations.

Nominations should include a résumé or other documents demonstrating qualifications for at least one of the board member categories listed above. Self-nominations will receive equal consideration.

Nominations must be submitted by December 29, 2014, to:

             Office of the Special Trustee for American Indians, Attn: Lee Frazier
             Department of the Interior
             1849 C Street, NW, Mailstop 3256
             Washington, DC 20240

Additional details about the request for nominations can be found in the Federal Registry notice located at:   https://www.federalregister.gov/articles/2014/11/28/2014-28139/request-for-nominations-to-serve-on-the-special-trustee-advisory-board

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The OST mission is to oversee fiduciary trust responsibilities to American Indian tribes, individual Indians and Alaska Natives with a beneficiary focus and beneficiary participation while providing competent stewardship and effective management of trust assets.

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