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Mark Conine to Lead ADFA

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Secretary of Commerce Mike Preston on Thursday announced Mark Conine as the new president of the Arkansas Development Finance Authority, a division of the state Department of Commerce.

Conine most recently worked as chief financial officer and vice president of finance and administration at ADFA. He replaces Bryan Scoggins, who was president since August 2019 but has retired.

“Mark is the ideal choice to lead ADFA,” Preston said. “He brings a wealth of experience in the financial industry and knows the ins and outs of ADFA. I have the utmost confidence in his ability to work with our partners as we seek to expand job opportunities and affordable housing throughout the state.”

Before joining the ADFA, Conine served 12 years as the CFO of the Arkansas Student Loan Authority, now a division of ADFA since Arkansas reorganized state government.

“I am pleased that Mark has been selected to serve as ADFA’s next president,” Gov. Asa Hutchinson said in a news release. “His financial experience in both the private and public sectors have given him the tools he needs to continue the state’s business finance efforts.”

Conine has a bachelor’s degree in accounting from Ouachita Baptist University and is a licensed certified public accountant and certified global management accountant. He is a member of the Arkansas Society of Certified Public Accountants and the American Institute of Certified Public Accountants.

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