Learn about the Team at Rhode Island Infrastructure Bank, including our Executive Director and CEO, Chief Operating Officer, and Managing Director.

Photo of Jeffrey R Diehl

Jeffrey R Diehl

Executive Director and CEO

Jeffrey R. Diehl is the Executive Director and CEO of Rhode Island Infrastructure Bank. Jeff has over three decades of experience in multinational banking, capital market strategy, and public-sector finance. Prior to joining the Bank in 2016, Jeff was the Managing Partner of Strategic Sovereign Advisors, a consulting firm advising governments and financial institutions. Previously, he served as Vice Chairman of the US Public Sector, Global Head of Public Sector Banking, and Global Head of Public Sector Capital Markets each for London-based HSBC. Prior to HSBC, Mr. Diehl held progressively senior positions with a number of top-tier international financial institutions. Mr. Diehl holds both a Bachelor of Arts and a Master of Business Administration from the University of Michigan.

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David Birkins

Chief Operating Officer
(401) 453-4430

David A. Birkins is the Chief Operating Officer of Rhode Island Infrastructure Bank. As COO, Dave oversees the Bank’s financial and business operations including financial reporting, portfolio management, technology, human resources, and risk management. Dave has over 30 years of experience in banking and finance and was most recently Executive Managing Director of The NBS Group, a boutique bank consulting firm. Previously, he served as Chief Operating Officer and Chief Financial Officer of two fintech insurance companies, as well as several community banks in the same capacities. Dave is a graduate of the University of Connecticut where he majored in economics and finance.

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Michael Baer

Managing Director

Michael D. Baer is a Managing Director for Rhode Island Infrastructure Bank. Michael is responsible for business and program development at the Bank and specifically oversees client management, product development, and marketing functions. Michael has more than 15 years of experience in finance, banking and public policy, most recently serving as Senior Advisor at New York Governor’s Office of Storm Recovery. Michael began his career at JPMorgan Asset Management. Michael holds a Bachelor of Science from Babson College, a Master of Science from New York University, and is a Chartered Financial Analyst®.

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Merrill Sherman

Board Chair

Merrill Sherman is a co-founder of Bank Rhode Island and the former President and Chief Executive Officer of three community banks and two publicly-traded bank holding companies. In addition to serving as the Bank's board chair, Merrill was appointed by Governor Raimondo to serve on the Board of Directors of the Rhode Island Health and Educational Building Corporation, a Rhode Island quasi-public agency. Ms. Sherman also serves on the Boards of Directors of Brookline Bancorp, Inc. and Blue Cross & Blue Shield of Rhode Island (finance committee chair). In addition, she serves on the Boards of Trustees of Johnson & Wales University (investment committee chair) and the Preservation Society of Newport County. Merrill graduated from Mount Holyoke College and the University of Denver, College of Law.