Nikolai Sklaroff

Nikolai J. Sklaroff serves as Capital Finance Director of the San Francisco Public Utilities Commission (SFPUC). He also serves as a Commissioner on the California Debt and Investment Advisory Commission (CDIAC) and he is a member of the Government Finance Officers Association (GFOA) Debt Committee. As the SFPUC’s Capital Finance Director, Nikolai is responsible for developing, implementing, and administering the SFPUC Capital Financing activities across the agency's Water, Wastewater and Power enterprises, as well as CleanPowerSF. The SFPUC’s capital finance portfolio includes more than $7.6 billion of outstanding revenue bonds and notes, nearly $2.8 billion of drawn and undrawn Federal WIFIA and State Revolving Fund loans and the three Commercial Paper Programs totaling $1.5 billion. The SFPUC is expected to issue more than $11 billion of debt in the coming decade. Nikolai has spent his entire career in public finance as an issuer, investment banker, rating agency analyst and financial advisor.