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Infrastructure Bank Names Joanna L’Heureux New Chief Financial & Operating Officer

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October 16, 2023

Press Release

PROVIDENCE, R.I. – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, today announced that Joanna L’Heureux has been named the Bank’s new Chief Financial and Operating Officer.

“Joanna L’Heureux brings more than 30 years of experience in public finance, accounting and strong leadership qualities to the table, and we’re thrilled to have her join the Bank as our new Chief Financial and Operating Officer,” said William Fazioli, Executive Director of the Infrastructure Bank.

“We are pleased to welcome Joanna to the Infrastructure Bank team at a critical time for the Bank and the cities, towns, and quasi-public entities we serve,” said Vahid Ownjazayeri, Chair of the Rhode Island Infrastructure Bank’s Board of Directors. “Her public finance background and strong relationships with local municipalities will be invaluable as we work to ensure our municipal partners are aware of and able to access the approximately $400 million in federal Bipartisan Infrastructure Law funding coming into our state for wastewater, drinking water, lead pipe replacements, and other critical infrastructure projects.”

Joanna L’Heureux has over 30 years of municipal finance experience in both the private and public sectors. She previously served as the Finance Director for the City of Pawtucket for 10 years and most recently as the Chief Financial and Administrative Officer for the Rhode Island Interlocal Risk Management Trust. Her experience includes working as an independent auditor with two CPA firms specializing in auditing municipalities and school districts in Rhode Island and Massachusetts. Joanna earned a BS degree in Business Administration with a concentration in accounting from Bryant University.

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