Adela Cepeda

A finance specialist since 1980, Adela Cepeda advised municipalities and corporations on the structuring and execution of capital markets transactions exceeding $150 billion. In 2016, she sold her firm, A.C. Advisory, Inc. to PFM, the top ranked municipal advisor in the United States and became managing director of PFM until 2019.  

Ms. Cepeda is a director of BMO Financial Corp., the U.S. holding company for BMO Harris Bank, with over 15,000 employees and 550 branches located principally in the Midwest.  She is also a director of the UBS Funds, Pathway Mutual Funds and chairs the Mercer Mutual Funds. She serves on numerous non-profit boards, including the Cook County Council of Economic Advisors and the City of Chicago Community Development Commission. She also serves on the board of the Chicago Foundation for Women, Arrupe College, Rush, and is president of Teatro Vista.

Ms. Cepeda graduated cum laude with an A.B. in Economics from Harvard College and earned an M.B.A. from the University of Chicago School of Business.