Secretary Wiessmann provides overall leadership to the Pennsylvania Department of Banking and Securities, which supervises more than 200 Pennsylvania state-chartered banks, credit unions and trust companies; and licenses and registers approximately 220,000 financial services professionals and companies that provide consumer loans, investment services and other financial services. The department also reviews more than 5,000 securities offerings annually.
By virtue of her position as Secretary of Banking and Securities, Wiessmann serves as Chair of the Board of Directors of the Pennsylvania Housing Finance Agency, Vice Chair of the Pennsylvania Banking and Securities Commission and as a board director of six other state government-related entities.
Wiessmann has enjoyed a long career in commercial banking, investment banking, regulatory matters and government service. Early in her career, she worked at Philadelphia National Bank, where she focused on commercial lending and real estate. Throughout her career as a public finance professional, Wiessmann has worked to fund projects related to infrastructure, schools, and hospitals. She has worked extensively on financing plans, credit analysis, securities, and regulatory practices.
Wiessmann served as the Pennsylvania Treasurer from 2007 to 2009, where she was the primary fiduciary and custodian of $120 billion. As Treasurer, she created a new strategic framework, improved institutional investing standards and risk management, and instituted principles-based governance and management practices. Previously, Wiessmann served as a Deputy Director of Finance for the City of Philadelphia, where she managed the city's debt offerings.
Wiessmann was a Founding Principal and President of Artemis Capital Group, the first women-owned investment banking firm on Wall Street. Wiessmann led the firm to rankings among the top 10 municipal underwriters with regard to deal volume. Prior to co-founding Artemis, she served as a Vice President of Public Finance at Goldman Sachs, where she managed business development for the mid-Atlantic region, and executed financing transactions nationwide.
The Secretary served as Chairman of the Board of an Act 40 company, Vantagepoint Funds Mutual Fund. She chaired the Nominating Committee and served on the Steering Committee and Audit Committee of the Municipal Securities Rulemaking Board, has served on the boards of the International City Managers Retirement Corporation, Met-Pro and Lumesis (a cloud-based financial technology company), as well as the board of the Duke University Sanford School of Public Policy.
Wiessmann has also served as a commissioner on the Delaware River Port Authority, on the Small Business Administration National Advisory Council, chaired the U.S. Environmental Protection Agency Financial Advisory Board, and served as Vice Chairman of the Delaware River Joint Toll Bridge Commission.
The Women’s City Club of New York awarded Wiessmann the Civic Spirit Award in 1996. The National Women Executives in State Government Association awarded her the “Breaking the Glass Ceiling Award” in 1999. In January 2014 the organization Women in Public Finance honored Wiessmann with a Lifetime Achievement Award for her representation of women in the financial industry.
Wiessmann graduated cum laude from Lafayette College and received her law degree from Rutgers University. She is a member of the Pennsylvania bar. She and her husband Kenneth Jarin live in Bucks County and have two grown children, Alexander and Karley.