NACo Financial Services Center Announces New Management Team

The National Association of Counties (NACo) and the NACo Financial Services Center (FSC) are pleased to announce David F. Thompson as the new President and Managing Director and Bill Jasien as the new Executive Chairman.

Matthew D. Chase, NACo Executive Director, said, “After a national search and rigorous process spanning several months, David was among a very high-caliber slate of qualified candidates. He was chosen to lead the NACo FSC based on his impressive track record of success, strong reputation as a visionary leader and sterling credentials as a county manager and state association executive.”

Thompson currently serves as the Executive Director for the North Carolina Association of County Commissioners. He began his service to counties in 1982 in Mecklenburg County, N.C. During his career, he has served as county manager for the North Carolina counties of Hertford, Stanly, Henderson and Durham. In each of these assignments, he earned a reputation for accountability, strategic decision-making and financial integrity.

Thompson left government for a stint in the private sector to serve as a managing partner for FreemanWhite, Inc., the oldest and second largest architectural/engineering/consulting firm in the Carolinas at that time.

He holds a Master’s degree in Public Administration from North Carolina State University and has participated on boards and councils such as the Council of Southern County Associations (past president), University of North Carolina School of Government Foundation Board (member), and County Reinsurance, Limited National Board of Directors (member).

Thompson’s official start date will be November 5, 2014.

Chase continued, “We are also pleased to announce that Bill Jasien will serve as the Executive Chairman of the NACo FSC. In this role, Bill will provide strategic direction and oversight of the NACo FSC including outreach with our corporate partners and leadership.”

“For the past four months, Bill has graciously served as the interim Managing Director of the NACo FSC and led the national search for his replacement,” Chase said. “His dedication and support have been incredibly valuable and we are forever appreciative of his efforts. Bill will lead the organization from a strategic perspective and work closely with David as he manages the day-to-day operations of the FSC.”

Prior to forming his current company (StoneHedge), Jasien spent 20 years with ING including serving as President of the Government Business Division and Executive Vice President of the U.S. Retirement Services Business.

He served as Assistant Secretary of the U.S. Treasury for Finance and Management and Assistant to President George H.W. Bush at the White House.

He currently serves on the boards of the Federal Retirement Thrift Savings Board, Virginia College Savings Plan, Securities Investor Protection Corporation (SIPC) and the American Red Cross.

“We are excited to have two highly professional executives, with such complementary skills, to lead the NACo FSC to new heights. In the coming weeks, Bill and David will provide further details on how the FSC will move forward to support our members and partners with value added programs. In the meantime, please join me in congratulating and welcoming David and Bill,” said Chase.

NACo Financial Services’ focus is to assist counties and partners with value-added, cost-effective services that provide solutions and savings. Its programs include cooperative purchasing, retirement savings programs for county employees, healthcare, infrastructure and financial programs that offer bond financing, investment management and short-term cash management.

Michael Sanderson

Executive Director Maryland Association of Counties
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