2013-01-02 23:06:48 -
COLUMBUS, OH -- (Marketwire) -- 01/02/13 -- Paul Paeglis, Executive Director of the Ohio Tuition Trust Authority, has been elected to the Executive Board of the College Savings Plans Network (CSPN), the national association for Section 529 college savings plans. Paeglis was elected by his peers from across the country to serve a two-year term beginning January 1, 2013.
Founded in 1991, CSPN is an affiliate of the National Association of State Treasurers (NAST) and serves as a clearinghouse for information among 529 college saving programs. The Network monitors federal activities, promotes legislation affecting 529 savings programs and serves as a networking conduit for professional staff across the nation to share innovations and experiences. CSPN also helps the youth of this nation attain their educational goals.
"I'm extremely pleased and honored to become a member of the CSPN Executive Board," said Paeglis. "Ohio's 529 program is one of the best in the country, and I look forward to sharing ideas and features that have proven to be successful for Ohio as well as learning from my peers as we help guide this organization."
Paul Paeglis became executive director of the Ohio Tuition Trust Authority in January 2012. He has over twenty years of experience in the banking and financial services industry. Prior to joining the Tuition Trust staff, he served for ten years as the Chief Financial Officer of Tax Related Products at JPMorgan Chase. Along with finance, his responsibilities have included risk management, operations, strategic planning and relationship management. Paeglis earned a Bachelor's Degree in Business Administration from Saginaw Valley State University, and a Master's Degree in Business Administration from the University of Michigan.
About the Ohio Tuition Trust Authority
The Ohio Tuition Trust Authority is a state agency within the office of the Chancellor of the Ohio Board of Regents and was created by the Ohio General Assembly in 1989. The Tuition Trust offers the CollegeAdvantage 529 Savings Plan to provide families with a tax-advantaged way to save for college. The CollegeAdvantage program has over $7 billion in total assets under management as of December 31, 2012.
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