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SIB Audit Committee Board

The SIB Audit Committee is comprised of five members. Three members represent the three groups represented on the State Investment Board (SIB) which include the Teachers' Fund for Retirement (TFFR), Public Employees Retirement System (PERS), and elected and appointed officials. Two members are selected from outside the SIB and are auditors with a Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) designation or be responsible of the internal audit function at a significant business enterprise or financial institution. Members of the SIB Audit Committee serve one year terms with no term limitations and are re-appointed each year by the SIB.

Photo of Jon Griffin


Jon Griffin

Jon Griffin currently serves as Vice President of Risk Management for Capital Credit Union in Bismarck.  Jon effectively oversees and manages the overall risk of the Credit Union noting he provides oversight and supervision of the entity’s internal audit and enterprise risk management functions.  Mr. Griffin also acts as Compliance Officer, responsible for ensuring compliance with applicable federal and state laws and regulations in addition to overseeing vendor due diligence and business continuity planning. Previously, Mr. Griffin was a Senior Associate at Brady Martz in Bismarck from 2006 to 2011 where he performed various auditing and tax services.

Photo of Rob Lech


Rob Lech, TFFR Representative

Rob Lech represents TFFR on the SIB. Mr. Lech is Superintendent of Jamestown Public Schools and represents school administrators on the TFFR Board.  He was appointed to the TFFR Board in 2013 and his current term ends June 30, 2020. Rob also serves as President of the TFFR Board.

Photo of Yvonne Smith


Yvonne Smith, Vice Chair

Yvonne Smith was elected to the PERS Board of Trustees in 2014, representing retired state employees. Yvonne represents the PERS Board on the SIB and the SIB Audit Committee. Ms. Smith was a state employee for over thirty years, working for the Department of Human Services until her retirement in 2007.

Photo of Joshua Wiens


Joshua Wiens

Joshua Wiens currently serves as Chief Financial Officer of McDonalds of Bismarck-Mandan where he is responsible for all accounting and payroll related functions. Joshua concurrently acts as the Chief Financial Officer of Shiloh Christian School where he is responsible for managing the business side of a private school. Prior to serving as CFO for his two current employers, Joshua was a Senior Audit Manager for Eide Bailly, LLP in Bismarck. Joshua is a Certified Public Accountant (CPA).

Photo of Cindy Ternes


Cindy Ternes, Elected and Appointed Officials Representative

Cindy Ternes represents elected and appointed officials on the SIB and SIB Audit Committee. Cindy is the Workforce Safety & Insurance CEO designee and is the Director of Finance for Workforce Safety & Insurance. Cindy is a Certified Public Accountant (CPA).

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