About

Leadership Team

Learn about the Leadership Team at New Jersey Infrastructure Bank, including our Executive Director, Chief Financial Officer, and Chief Legal and Compliance Officer.

Photo of David E. Zimmer, CFA

David E. Zimmer, CFA

Executive Director
(609) 219-8600
investorrelations@njib.gov

During his tenure, David Zimmer has focused on broadening the reach of the I-Bank’s financing programs and bringing efficiencies to the I-Bank’s processes. He has introduced several new successful loan programs that include the short-term Construction Loan Program, the SAIL Disaster Relief Loan Program, and the NANO Loan Program, which provides heavily subsidized funding for the State’s smallest drinking water systems. He has overhauled the I-Bank’s credit policy to bring transparency and clarity to borrowers and investors and has improved the efficiency and effectiveness of the I-Bank by implementing a modern, web-based loan management system, enhancing internal controls, and requiring more thorough, compliance oversight.

David is a Chartered Financial Analyst and has over two decades of experience working on Wall Street specializing in structured finance debt instruments.  

David holds a Master’s degree in Business Administration with a concentration in Finance from the University of Notre Dame and a Bachelor of Civil Engineering degree from the University of Dayton.

Photo of Lauren Kaltman

Lauren Kaltman

Chief Financial Officer
(609) 219-8607
lskaltman@njib.gov

Lauren Kaltman has served as the Chief Financial Officer of the I-Bank since June of 2012.  During her tenure, Lauren has introduced several efficiencies to the I-Bank’s Accounting and Finance Department that have strengthened the budgeting and reporting processes, improved the billing and collection processes, and tightened the credit and investment policies.

In her previous positions working for Capital Holding Corporation as Director of New Initiatives and Institutional Marketing and for Citibank, N.A. in the bank’s Corporate Financial Analysis Department, Lauren gained experience in corporate reporting, investment operations, distressed loan management and strategic planning. 

Lauren earned a Master’s degree in Business Administration with a concentration in Finance and Management of Organizations from Columbia University and a Bachelor of Arts degree in Mathematics from Duke University.

Photo of Judith Karp, Esq.

Judith Karp, Esq.

Chief Legal and Compliance Officer
(609) 219-8613
jkarp@njib.gov

Judy Karp has served the I-Bank’s Legal and Compliance Officer since 2014. As the I-Bank’s LCO, Judy oversees the numerous Federal, State and regulatory compliance requirements that impact the I-Bank. In addition, she is responsible for compliance with disclosure requirements, monitoring legislative and regulatory changes, provides guidance on procurements and contracts and assists in the development and preparation of the I-Bank’s annual legislation.

Judy has previous experience in commercial litigation and served as confidential law clerk to Federal District Judge Michael A. Telesca in the Western District of New York.

Judy received a Juris Doctorate from Vanderbilt University and a Bachelor of Arts degree from Colgate University. She is a licensed attorney in the States of New Jersey and New York.

Photo of Leigh Peterson

Leigh Peterson

C.O.O. - Water Program
(609) 219-6581
lpeterson@njib.gov

Leigh Peterson joined the I-Bank in the role of Chief Operating Officer, Water in 2019.  In her new role Leigh manages the business functions of the program to ensure that applicants with qualified projects are ushered through the review processes and succeed with project financing.  Leigh is also tasked with implementing new program initiatives meant to expand the program. She is responsible for procurements of professional services related to the I-Bank’s water program and for ensuring compliance with its statutes and regulations. She also oversees all operational risk of the I-Bank. Leveraging her background in IT systems design, and working with the I-Bank’s partners at the DEP, Leigh has responsibility for the ongoing strategic development of the H2LOans loan portal system.

During twenty plus years on Wall Street, Leigh held positions in Information Technology, Compliance, Governance and Operational Risk. 

Leigh holds a Bachelor of Arts with concentrations in Economics and French from the University of Colorado, Boulder.