John McCray Goldsmith

Managing Director, Wells Fargo Investment Portfolio (retired)

San Francisco, CA

John is a retired Managing Director at Wells Fargo, where he worked as a portfolio manager on the team managing the bank’s $40 billion municipal bond portfolio. As an institutional investor of the bank’s capital reserve under its chief investment officer, he was responsible for continuous portfolio optimization through the lenses of credit quality, return, liquidity, duration, corporate accounting treatment, tax impacts, risk management, internal audit, and compliance with federal regulatory requirements. He previously worked as an investment banker in the public infrastructure finance field for 21 years at Lehman Brothers and Barclays.

John's work at Wells Fargo supported the bank's ESG and climate investment commitments, with a particular focus on building a portfolio of $1 billion of affordable housing and community development investments addressing the bank’s obligations under the Community Reinvestment Act (CRA). He also represented the investment portfolio in the bank-wide CRA policy reform working group, which provided stakeholder comment to the federal agencies leading the CRA regulatory reform processes and coordinated the bank's compliance with the rules.

John was a Presbyterian Mission Associate from 1988 to 1995, working with Habitat for Humanity International in Nicaragua and Jamaica. He serves The Episcopal Church as a board member and Treasurer for the College for Bishops, overseeing the College's endowment, and was a member of the Endowment Investment Advisory Committee for the Church Divinity School of the Pacific. A fluent Spanish speaker, he has been a parishioner and church musician at Spanish-speaking congregations in the Dioceses of California and El Camino Real. He is married to the Very Rev. Julia McCray-Goldsmith, Dean Emerita of Trinity Episcopal Cathedral in San Jose, CA.

 He was elected to his first term on The Church Pension Fund Board of Trustees in 2022 and currently serves on the Audit Committee and as Vice-Chair of the Investment Committee.

He received an MBA and a Master of City and Regional Planning degree from the University of California at Berkeley and a BA in Government from Cornell University.