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Learn about the Team at Arkansas Development Finance Authority, including our VP of Public Finance, Chief Financial Officer, and Public Information and Marketing.
Robert M. “Ro” Arrington joined ADFA in 2014 and currently performs the role of VP of Homeownership Programs and Public Finance. He oversees all aspects of Bond Issuance for ADFA, the largest issuer in the State of Arkansas, as well as administering the Single Family Mortgage Finance program. Mr. Arrington, a former Municipal Securities Principal with over 25 years in Public Finance, has experience with all types of municipal bonds structures. He also served for 12 years as Chairman of the Pulaski County (Little Rock) Public Facilities Board, another active bond issuing entity, especially in the areas of education, health care and multifamily housing. He is a graduate of the University of Arkansas at Fayetteville.
Mark currently serves as the C.F.O. of the Arkansas Development Finance Authority (ADFA), where he is responsible for assisting the agency Director in administering the programs of ADFA, the management and day-to-day coordination of all financial activities, including bond issuance and redemption administration and compliance, investment management, agency budget, financial statement issuance, and supervision of the accounting, finance, loan servicing and purchasing departments. Prior to joining ADFA, Mark served as the C.F.O. of the Arkansas Student Loan Authority (now a division of ADFA) for over 12 years. He has also served in Corporate Tax at Alltel Communications and practiced in the tax group of KPMG, LLP and Ernst & Young, LLP in Little Rock, Arkansas. He received a B.A. in Accounting from Ouachita Baptist University and is a licensed Certified Public Accountant and Certified Global Management Accountant. Mark is a member of the Arkansas Society of Certified Public Accountants and the American Institute of Certified Public Accountants.
Manages agency communications and outreach efforts. Works with senior management to implement and develop communications strategies in advancement of critical organizational objectives. Creates communications to cultivate interest with agency stake holders, legislature, community and the media. Responsible for agency compliance with the State of Arkansas Freedom of Information Act. Derrick received a B.A. in Journalism with Advertising/PR concentration from the University of Arkansas in Fayetteville.