Suzanne Shank receives 2016 Freda Johnson Award

In December the Northeast Women in Public Finance (NEWPF) and The Bond Buyer honored Suzanne Shank, Chairwoman, CEO and Founding Partner of Siebert Cisneros Shank, along with Marian Zucker, President of the Office of Finance and Development for New York State Homes and Community Renewal, with the “2016 Freda Johnson Award”—one of the most distinguished awards in the Public Finance Industry. Ms. Shank received the “Private Sector Award” and the “Municipal Sector Award” was conferred on Ms. Zucker. The presentations were made by NEWPF at The Bond Buyer’s annual Deal of the Year ceremony in New York City on December first.

The “Freda Johnson Award” was established in honor of NEWPF Founding Board Member Freda Johnson, whose exceptional career in public finance has been an inspiration to many women in the industry. The award recognizes the accomplishments of extraordinary women who serve or have served in public finance.

Ms. Shank’s remarkable career has included many notable firsts and accomplishments. She was the co-founder, with Muriel Siebert and Napoleon Brandford of Siebert Brandford Shank in 1996 (now Siebert Cisneros Shank). By 1998 the firm ranked as the number one minority- and woman-owned senior-managing municipal underwriter in the nation and has retained that position every consecutive year since then. The firm also became the first minority-owned firm to rank among the top 10 of all firms nationally in 2010. Ms. Shank is now the majority owner of Siebert Cisneros Shank, which to date has managed over $1.2 billion of municipal bond transactions.

Ms. Shank has consistently been a municipal industry advocate, including serving as a board member of the Municipal Securities Rulemaking Board. She currently is on the Executive Council on Infrastructure formed by the Bipartisan Policy Center in Washington, D.C. She has received a variety of awards, including being honored as a “Trailblazing Woman” in 2015. She received the National Association of Securities Professionals’ prestigious “Maynard Jackson Award” in 2013. She has been recognized as one of the “Top 25 Women in Finance” by US Banker and as one of the top “Women in Power” by Black Enterprise.