The Alaska Permanent Fund Corporation (APFC) announces the appointment of Ralph Samuels to its Board of Trustees.
“It is an absolute pleasure to welcome Trustee Samuels to the Board,” said APFC Board Chair Jason Brune. “Ralph’s dedication to Alaska, shaped by years of public service in the Legislature and seasoned by success in the private sector, will be an invaluable asset to our work. We look forward to the leadership, insight, and commitment Trustee Samuels will bring to the Board.”
Samuels was selected by Governor Mike Dunleavy to fill one of four public seats on the Board.
“Ralph Samuels is a lifelong Alaskan with an innate understanding of our state’s business and political landscape,” said Governor Mike Dunleavy. “As a Trustee he will bring that experience and insight to managing Alaska’s sovereign wealth fund not only for today, but for future generations of Alaskans.”
Trustee Samuels’ professional experience spans both the private sector and public service, including his tenure in the Alaska House of Representatives, which will provide a great addition to Alaska’s most important financial resource.
Additionally, APFC acknowledges the contributions of outgoing Trustee Craig Richards. “The Trustees wish to express our gratitude to Craig Richards for his years of service and wish him our best,” said Brune.
The APFC Board serves as the fiduciary body responsible for the stewardship and oversight of the Alaska Permanent Fund. The Board is composed of six governor-appointed members. Under Alaska Statute 37.13.050, two Trustees must be heads of principal departments of state government, and the other four seats are designated for public members, serving staggered, four-year terms.