James Dillon, who has served as Treasurer of the Pennsylvania State System of Higher Education (PASSHE) since 1997, has been named Vice Chancellor for Administration and Finance in the Office of the Chancellor.

Dillon will oversee the Administration and Finance Division, which is responsible for developing policy and providing system-wide leadership in the areas of financial planning, accounting, procurement, investing, commercial banking, emergency management and campus security.

Dillon has held various positions with PASSHE since 1989, including cash and debt manager and director of cash and debt management. He designed, implemented and managed PASSHE’s integrated cash/capital management system; directed the System’s working capital investments program; and directed PASSHE’s bond program, which, to date has involved 26 issues for a principal amount of more than $1.2 billion. He also directed the System’s centralized payroll system and recently assumed responsibility for the procurement function for the Dixon University Center.

“Jim Dillon’s experience with, and knowledge of, PASSHE’s finances is unparalleled,” said Chancellor Judy G. Hample. “He has been engaged actively in the implementation of PASSHE’s System Accountability Program and is committed to ensuring the most efficient use of all available resources in the management of the State System.”

Before joining PASSHE, Dillon served in various positions with The Equitable in New York City, including as manager and assistant manager of the Office of the Treasurer. While there, he assisted in the analysis and implementation of financing alternatives including commercial paper, interest rate swaps, foreign exchange hedges, medium-term notes, and others. He also assisted in management of the funding operations division. Prior to working at The Equitable, Dillon was an associate in corporate finance for Henry Ansbacher, Inc., also in New York City.

Dillon holds a bachelor’s degree in business administration and labor relations from Shippensburg University of Pennsylvania and a Master of Business Administration (MBA) degree from Fordham University’s Joseph Martino School of Business. He also attended the Program for Senior Executives in State and Local Government at Harvard University’s John F. Kennedy School of Government.

He has given professional presentations at the Annual Treasury Management Conference of the Treasury Management Association and the National Multi Housing Developers Association.

With nearly 106,000 students, the Pennsylvania State System of Higher Education is the largest provider of higher education in the Commonwealth. The 14 PASSHE universities offer more than 250 degree and certificate programs in more than 120 areas of study. More than 400,000 PASSHE alumni live and work in Pennsylvania.

The state-owned universities are Bloomsburg, California, Cheyney, Clarion, East Stroudsburg, Edinboro, Indiana, Kutztown, Lock Haven, Mansfield, Millersville, Shippensburg, Slippery Rock, and West Chester Universities of Pennsylvania. PASSHE also operates branch campuses in Clearfield, Kittanning, Oil City and Punxsutawney and several regional centers, including the Dixon University Center in Harrisburg.