Ex-legislator Named To NM Investment Council

May 1, 2013

Former Senate President Tim Jennings has been appointed to a board that oversees state investments and New Mexico's permanent funds.

The Roswell Democrat was named Tuesday to the 11-member State Investment Council. He fills a vacancy created by last year's resignation of Lordsburg banker Michael Martin.

Jennings is a rancher who served in the Senate for 34 years. He lost a re-election bid in 2012, and was targeted in the campaign by a political committee formed by supporters of Republican Gov. Susana Martinez.

The Legislative Council, a group of House and Senate leaders and rank-and-file members, appointed Jennings and nominated Investment Council member Harold Lavender of Albuquerque to another term. Lavender is a lawyer who spent more than three decades as a trader at the Chicago Board of Trade.