Treasurer of Ohio
Josh Mandel, 41, is the Treasurer of the State of Ohio. In this capacity he oversees the state’s $15B+ investment portfolio, $11B+ debt portfolio, $218B+ domestic and international custody portfolio, and annual cash movements exceeding $60B.
Treasurer Mandel was elected in 2010 and re-elected in 2014 –winning both elections by double-digit margins. He is also a Marine Corps veteran who served two tours in Anbar Province, Iraq.
Treasurer Mandel has leveraged his understanding and embrace of technology to increase government transparency, bolster cyber-security and modernize Ohio’s treasury management systems. In 2014 he launched OhioCheckbook.com, a first-of-its-kind transparency website, posting online over $500 billion of state expenditures. He then added to this success by onboarding over 1,000 cities, counties and schools to the online checkbook. As a result of Treasurer Mandel’s innovation in this area, the U.S. Public Interest Research Group raised Ohio’s transparency ranking from 46th to 1st in the nation.
Along the way, Treasurer Mandel has integrated leading-edge financial technologies to modernize the state’s investment systems, payment systems and cash management processes. When he took office in 2011, Ohio’s finances were ranked 43rd and the state faced an $8 billion budget hole. At the end of his first term, Ohio’s financial ranking had improved to 7th in the nation and the state had more than a $1 billion surplus.
In 2014, Treasurer Mandel was the only State Treasurer in America to be recognized with the Association of Government Accountants award for “Excellence in Financial Management,” and was given the American Society for Public Administration’s “Public Integrity Award” for “outstanding contributionsto responsible and ethical conduct in public service.” In 2017 and 2018, Treasurer Mandel was recognized by the National Down Syndrome Society and National Association of Councils on Developmental Disabilities for creating innovative tax-free investment accounts geared towards individuals with special needs.
Treasurer Mandel’s previous elected experience includes service as a Lyndhurst City Councilman and two terms in the Ohio House of Representatives. During his time in the state legislature, he served as the Ranking Member of the Financial Institutions, Real Estate and Securities Committee, handling issues concerning banks, investment firms, real estate companies, pension funds and the Ohio Bureau of Workers Compensation.
Inspired by a strong sense of duty to country, Josh enlisted in the U.S. Marine Corps Reserves in 2000, where he graduated first in his class from Marine Corps Boot Camp and first in his class from Marine Corps Intelligence School. His Marine Corps career spanned eight years, including two tours in Anbar Province, Iraq. During both tours he was awarded the Navy & Marine Corps Achievement Medal for “superior performance of his duties.”
Josh holds a Bachelor Degree from The Ohio State University and a Law Degree from Case Western Reserve University. He and his wife Ilana reside in the Cleveland area with their children Rosie, Judah and Gideon.