Leadership. Responsibility. Growth. Sustainability.

Program in partnership with the National Association of State Treasurers (NAST) Foundation

Celebrating 10 Years of Empowering Public Finance Leaders | July 20–23, 2025 | Pepperdine University | Malibu, CA

Celebrating 10 Years of Empowering Public Finance Leaders | July 20–23, 2025 | Pepperdine University | Malibu, CA

Samuel Smalls
Samuel Smalls
Manager of Treasury & Debt Management, Metropolitan Water District of Southern California

Mr. Smalls was appointed in March 2021 to the position of Manager of Treasury and Debt Management in the Office of the CFO. In this role, Mr. Smalls leads a team responsible for cash management, investment portfolio management, treasury operations, debt issuance and management, property tax program management, and administration of the District's Procurement Card (P-Card) program. Mr. Smalls has had a 30-year career in municipal finance as a municipal advisor, state agency executive director, and wholesale/investment banker. Before Metropolitan, Mr. Smalls served as head of California Public Finance at several large and boutique investment banking firms. Mr. Smalls was a generalist banker, assisting with municipal infrastructure bond financing of over $20 billion as lead or co-senior manager and over $160 billion as co-manager. Mr. Smalls previously worked in the public sector as Executive Director of the California Pollution Control Financing Authority, an appointed position by the California State Treasurer. Mr. Smalls also served as Assistant Vice President/Deputy Director of Policy, Research & Planning for the Federal Home Loan Bank of San Francisco. Mr. Smalls began his professional career as a municipal advisor with Public Financial Management, where he served a broad array of municipal clients, including cities, counties, special districts, transportation agencies, and toll road agencies throughout California. Mr. Smalls is an alumnus of CORO’s Leadership Southern California leadership development program and has a Bachelor of Arts in Social Studies cum laude from Harvard College.