Richmond Appoints Interim Finance Deputy Chief Administrative Officer
July 4, 2025 - 18:43
Richmond Mayor Danny Avula announced on Friday that the acting deputy chief administrative officer (DCAO) for finance will be returning to Henrico County after successfully completing his assignment in the city. This transition marks the end of a significant period during which the acting DCAO played a crucial role in managing the city’s financial operations and initiatives.
During his tenure, the acting DCAO implemented various strategies aimed at enhancing fiscal responsibility and improving budget management within the city. His leadership was instrumental in navigating the financial complexities faced by Richmond, particularly in light of recent economic challenges.
With his departure, the city is now seeking to appoint a permanent DCAO to ensure continuity in financial oversight and strategic planning. The mayor expressed gratitude for the acting DCAO's contributions and emphasized the importance of finding a successor who can maintain the momentum of progress achieved during this period. The city is committed to upholding its financial integrity and serving the community effectively.
MORE NEWS
July 5, 2025 - 10:39
Singapore Imposes $21.5 Million Fines on Global Banks for Major Money-Laundering SchemeIn a significant crackdown on financial misconduct, Singapore has levied penalties totaling $21.5 million against several global banks following the discovery of a vast money-laundering network....
July 4, 2025 - 03:34
Insights from Treasury Secretary on Economic Policies and Currency TrendsUS Treasury Secretary Scott Bessent recently shared his insights on the potential economic implications of President Donald Trump`s proposed tax reforms, often referred to as the `big, beautiful...
July 3, 2025 - 00:21
Financial Advisors Urge Caution Amid Record-High StocksThe last thing investors should be is reactionary, according to financial advisors. As stock markets reach unprecedented heights, experts warn that chasing after these gains can lead to impulsive...
July 2, 2025 - 01:08
Vitol Group and Breakwall Capital Establish New Fund for Mining SectorVitol Group, in collaboration with Breakwall Capital, has announced the launch of a new credit fund aimed at supporting mining companies throughout the Americas. This initiative comes at a time...