About Us

Assisting Local Governments with Their Financing Needs

General Information

The Indiana Bond Bank is a quasi-governmental agency established by the Indiana General Assembly in 1984.  The Bond Bank is a self-funded entity and does not receive any appropriations from the State of Indiana. The primary mission of the Bond Bank is to assist local units of government in the process of issuing debt.  The Bond Bank serves Indiana cities, towns, townships, public school corporations, counties, public libraries, county hospitals, and public universities.

Board of Directors

Kelly Mitchell
Treasurer of the State of Indiana

Term: November 18, 2014 to present.

Residence: Indianapolis, Indiana.

Previously, Director, TrustINdiana, Local Government Investment Pool, 2007 to 2014; Business Development, United Consulting, 2004 to 2007; Cass County Commissioner, 1997 to 2004; Board President, Cass County Commissioners, 5 years; Logansport-Cass County Economic Development Commission, 1998 to 2004.

Patrick F. Carr
Vice Chairman
Vice Chairman

Term: Expired July 1, 2011.

Residence: Indianapolis, Indiana.

President & Chief Financial Officer, Golden Rule Insurance Company, United Healthcare, 2010 to present; Golden Rule, Senior Vice President, Chief Financial Officer, 2005 to 2010; Mayflower Transit, Inc., President and CEO, 1995-2005; President of the Board, American Medical Insurance Company, 2006 to present;  Treasurer of the Board, Center for Leadership, 2006 to present; Chairman of the Investment Committee, Catholic Community Foundation, 2009 to present; Board of Advisors, Langham Logistics, 2008 to present; Treasurer of Board of Directors, Legatus of Indiana, 1995 to present; Member of the Board of Directors, OneAmerica Financial Partners, In., 2013 to present; Member of the Indiana CPA Society, American Institute of CPAs, and Financial Executive Institute.

Dan Huge
Public Finance Director for the State of Indiana

Term: October 30, 2015 to present.

Residence: Indianapolis, Indiana.

Previously, Chief Financial Officer for the Capital Improvement Board (CIB) of Marion County, 2010 to 2015; Executive Director of the Indiana Bond Bank, 2002-2010.

David O. Mann

Term: Expires on June 1, 2017.

Residence: Indianapolis, Indiana.

Managing Partner, Spring Mill Venture Partners, 2002 to present; Co-Managing Partner, The Firefly Group, 2014 to present; Naval Officer, United States Navy, 1991 to 2011; ServiceMaster Ventures, The ServiceMaster Company, 1999 to 2001; Summer Associate, Invesco, 1998; Member of the Board of Directors, AIT Laboratories, 2013 to present;  Member of the Board of Directors, BioStorage Technologies, 2006 to present; Member of the Board of Directors, Express Medical Transporters, 2014 to present; Member of the Board of Directors, WebLink International, 2008 to present; Member of the Board of Directors, HVAF, 2008 to present; Member of the Board of Visitors, Marian University School of Business, 2013 to present; Member of the Board of Advisors, Purdue Emerging Innovations Fund, 2012 to present; Member of the Dean’s Advisory Council, Indiana University School of Informatics and Computing, 2010 to present; Member, Legatus of Indiana, 2008 to present.

Marjorie O’Laughlin

Term: Expires on September 30, 2017.

Residence:  Indianapolis, Indiana.

Member of the Board of Trustees of the MCHC, 2002-2013; Treasurer of the Marion County Health & Hospital Corporation, 1995-2002; Treasurer of the State of Indiana, 1986-1994; Clerk, Indiana Supreme Court and Court of Appeals, 1978-1986; Vice Chairman, Marion County Republican Central Committee, 1972-1978; Indianapolis City Clerk, 1967-1974.  Past Board memberships, Indiana Aids Fund; Damian Center: Little Red door Cancer Society; Julian Center; Kiwanis Club of Indianapolis Club and Foundation; Ruth Lilly Center.

Cynthia Walsh

Term: Expires on June 1, 2017.

Residence: Crown Point, Indiana.

President of Walsh Financial Services, 2002 to present; Managing Partner and CFO, National Bond and Trust, 2002 to 2012. Vice President, Capital Markets and various roles, Bank of America (including former Continental Bank) 1988 to 2002.  Financial Auditor, Federal Reserve Bank of Chicago, 1986-1988. Member of the Board of Directors, Indiana Education Savings Authority, 2011-2013; Board Member, Indiana Public Employees Retirement Plan, 2008-2010; Board Member, Indiana Teachers Retirement Plan, 2006-2008.  Chairman Finance Council, St. Mary’s Church 2005-2014.

Minutes / Agenda

Our Team

Executive Director

Ron Mangus was appointed the Executive Director of the Indiana Bond Bank on February 10, 2015. Previously, Ron served as the Deputy Director and has been with the IBB for 20 years. In this role, he is responsible for the oversight of the daily operations and programs of the Indiana Bond Bank.

Program & Marketing Director

Matt Zimmerman joined the IBB as the Program and Marketing Director on March 9, 2015. Matt joined the Bond Bank from the Lieutenant Governor’s Office, where he served as a Program Manager for the Grant Services Division. At the Bond Bank, Matt is responsible for marketing and program administration.

Compliance Officer

Aaron Barnett joined the IBB as the Compliance Officer on February 26, 2015. Prior to joining the Bond Bank, he served as a Tax Analyst with the Indiana Department of Revenue.  Aaron is responsible for the Bond Bank’s post issuance compliance.