The City of Philadelphia Division of Aviation, operator of Philadelphia International Airport (PHL) and Northeast Philadelphia Airport (PNE) has announced Christina Saggiomo as the new Airport Treasury Manager. Saggiomo joins the airport from Wells Fargo, where she was a vice president in Public Finance Investment Banking for almost five years.
“We are excited to welcome Christina to our team,” said PHL Chief Financial Officer Tracy Borda. “Her previous experience at the City and time spent on both the banking and sales side of the public finance industry will be a great asset as the airport continues its post-COVID-19 recovery.”
For the Division of Aviation, Saggiomo is responsible for providing financial program management to ensure sufficient funds are available to meet ongoing operational and capital investment needs for the airport’s multi-billion-dollar capital improvement program. The role includes forecasting cash flow positions, evaluating borrowing needs and overseeing the airport’s investment portfolios. Saggiomo also works closely with the Division of Aviation’s Finance team on the airport’s debt issuance, coordinating appropriate disclosure, analyzing financing options and responding to investors.
“As a native Philadelphian, I cannot think of a better way to contribute to our City than at the airport.” Saggiomo added. “It is an honor to join such a dynamic and hard-working team.”
While at Wells Fargo, Saggiomo worked as part of a team covering general infrastructure, transportation and higher education clients in Pennsylvania, New Jersey, Delaware, Maryland and the District of Columbia. The Division of Aviation treasury manager role is Saggiomo’s second position with the City of Philadelphia. She served as project director in the Office of the Chief Administrative Officer from 2016-18, working closely on procurement modernization projects throughout the City.
Saggiomo earned her earned a bachelor’s degree in finance from Villanova University and master's of public administration from the Fels Institute of Government at the University of Pennsylvania. She began her public finance career at Morgan Stanley, working in institutional sales on the municipal securities desk.