HOBOKEN – Tejal Desai, formerly of the Hoboken Municipal Hospital Authority, has been introduced as the new Assistant Comptroller for the city of Hoboken.
Desai will be responsible for advising the administration on the city’s financial condition and making recommendations on fiscal policies and financial transactions, according to a city press release.
Assistant comptroller is a position that hasn’t been filled recently, but is in Hoboken’s employee organization table, according to Mayor Dawn Zimmer.
The job is full-time, and Desai will earn $80,000 annually.
“Given the history of what’s happened in Hoboken it is important that we continue to rebuild the finance department,” Zimmer said in a phone interview on Monday.
“It has been a pleasure for me to serve as Finance Chair of the Authority’s Board,” Desai said in the release. “The Authority has made significant progress on multiple fronts, including the initiative to privatize the Hospital, and I support these efforts. I wish the Board continued success.”
Desai received an M.B.A. from the University of Chicago, and worked in public finance investment banking for Bank of America and in the Corporate Treasure Department of the Dow Chemical Company, according to the city release. – Ray Smith
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