The New Mexico Legislature’s Legislative Council met Tuesday at the state Capitol and appointed former Senate President Tim Jennings to the State Investment Council, which manages state [auth] investments and permanent funds.
The State Investment Council is composed of 11 members and is chaired by Gov. Susana Martinez.
Jennings, of Roswell, represented southeastern New Mexico in the Senate for 34 years. A Democrat, Jennings said he has always been conservative on funding issues and believes in investing wisely.
“I know how important state investments are,” he said.
The appointment is for a five-year term and Jennings must be confirmed by the Senate.