N. Anthony Calhoun was appointed Deputy Chief Financial Officer for the Office of Finance and Treasury (OFT) in January 2001. OFT borrows and invests funds, collects receipts and payments, and oversees transactions on the District�s behalf. It also manages vendor payments, welfare benefits, and unclaimed property.
From 1993 until his current appointment, Calhoun served as Deputy Executive
Director and CFO for the Pension Benefit Guaranty Corporation (PBGC), where he was able to convert the corporation's deficit of $3 billion to a surplus in excess of $7 billion, earn a clean opinion for the corporation, and move PBGC off both the General Accounting Office's
(GAO) and the Office of Management and Budget's high-risk category.
Prior to joining PBGC, Calhoun worked in various positions for the District government, including District Controller, Financial Manager of the Department of Human Services; and Group Controller of the Office of the Controller. He was also a management consultant with Touche Ross & Co., worked for the Pennsylvania Housing and Finance Agency, and was an adjunct
professor at Penn State University.
Calhoun earned a master's degree in business administration at the University of Pennsylvania's Wharton School, a bachelor's degree at Howard University, a certification at the Program for Senior Managers in Government from Harvard University's John F. Kennedy School of Government, and is a certified government financial manager through the Association of Government Accountants. He was a recipient of the Donald L. Scantlebury Memorial Award from the Joint Financial Management Improvement Program, a cooperative undertaking of the US Department of Treasury, the Office of Management and Budget, GAO, and the Office of Personnel Management. It is the highest award a financial manager in the federal government can receive.