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FOR IMMEDIATE RELEASE
Baltimore, Md. – Friday, August 26, 2022 – Today, Mayor Brandon M. Scott has announced the hiring of Michael Moiseyev as the new Chief Financial Officer, effective Monday, October 3. The hiring comes as Director Henry J. Raymond prepares to retire on Thursday, August 31.
Reporting to Chief Administrative Officer Christopher Shorter, Moiseyev will be responsible for the day-to-day finances of the City of Baltimore, including managing the city’s $4 billion annual budget. With more than 20 years of professional experience in financial management, Moiseyev will serve as a strategic financial advisor to CAO Shorter and Mayor Scott.
Moiseyev brings a wealth of knowledge and experience to Baltimore. He is currently the Deputy Commissioner for Finance for New York City, a position he has held since 2019. In this role, Moiseyev is responsible for managing a $3 billion budget and overseeing units in auditing, payment, revenue maximization, and revenue accounting/claiming. Moiseyev’s skill set is specific to running infrastructure for large organizations, and he’s successfully implemented policies that have helped modernize City’s processes and improved constituents’ experiences when they interact with City services. He looks forward to working with his team, especially those with front-line positions, to ensure that they are efficiently serving the people of Baltimore.
Prior to his current role, Moiseyev spent more than a decade with the New York City Office of Management and Budget (OMB), where he served as assistant director of OMB’s education portfolio, which included the expense and capital programs of the NYC Department of Education and the City University of New York. He also served as unit head of the OMB Education Expense team, where he conducted policy analysis and led a team of analysts overseeing the NYC Department of Education’s expense budget. He’s also served as the chief financial officer and deputy commissioner of finance within the Administration of Children Services for New York City.
“The City of Baltimore will be well-served with someone who possesses the experience and knowledge that Michael Moiseyev brings to this role,” said Mayor Brandon M. Scott. “We are fortunate to have had a very dynamic and effective leader in Henry Raymond, and we are excited to see how Michael will be able to continue our work to have solid financial services here.”
Moiseyev believes working in city government is his calling, and he looks forward to providing high-quality service to the administration, which will ultimately benefit the people of Baltimore.
“I’m honored and excited to join Mayor Scott and the hardworking team he has assembled to serve the people of Baltimore,” Moiseyev said, adding that he believes the city is on strong financial footing. “Baltimore actually has one of the best credit ratings in the country, which saves us money and allows investors to have the confidence that their money is safe here. And, most importantly, residents can know that the responsible stewardship of monies will continue to be a priority for this administration.”
Moiseyev has a Master of Public Administration degree from Baruch College and a Bachelor of Science in Mathematics from Carnegie Mellon University. He is excited to join the Scott Administration, which he credits with having a thoughtful approach to budgeting and fiscal management. He immigrated with his family to the United States from the Soviet Union in 1991. The family first settled in New York before moving to Pittsburgh, where Moisey graduated from high school.
Deputy Finance Director Yoanna Moisides will serve as Acting Chief Finance Officer until Moiseyev’s official start date. Moisides has served for over nine years in various roles within the Department of Finance, including Chief of Staff and Deputy Director.
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