Ex-legislator named to NM Investment Council

Posted at: 04/30/2013 2:02 PM | Updated at: 04/30/2013 2:07 PM
By: The Associated Press

Photo: Tim Jennings
Photo: Tim Jennings

SANTA FE, N.M. (AP) - Former Senate President Tim Jennings has been appointed to a board that oversees state investments and New Mexico's permanent funds.

The Roswell Democrat was named Tuesday to the 11-member State Investment Council. He fills a vacancy created by last year's resignation of Lordsburg banker Michael Martin.

Jennings is a rancher who served in the Senate for 34 years. He lost a re-election bid in 2012, and was targeted in the campaign by a political committee formed by supporters of Republican Gov. Susana Martinez.

The Legislative Council, a group of House and Senate leaders and rank-and-file members, appointed Jennings and nominated Investment Council member Harold Lavender of Albuquerque to another term. Lavender is a lawyer who spent more than three decades as a trader at the Chicago Board of Trade.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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