Greenwich 2023 Election Profile: Elliot M. Alchek For BET

GREENWICH, CT — Election Day on Nov. 7 is fast approaching, and there are a number of key races on the ballot in Greenwich.

Patch reached out to candidates for local office to get more information on their campaigns and the issues that are facing the town.

Name

Elliot M. Alchek.

How old will you be as of Election Day?

67

Does your campaign have a website? If so, include the URL here.

https://greenwichdemocrats.org...

What city or town do you live in?

Greenwich

What office are you seeking?

Board of Estimate and Taxation

Please give us your party affiliation.

Democrat

Education.

BS, Economics- The Wharton School, University of Pennsylvania; MBA (with Honors)- University of Chicago

What is your occupation?

Investor, Wall Street Executive (40 years)

Do you have a family? If so, please tell us about them.

Three children: Avery (33), Jake (32) & Olivia (27)

Does anyone in your family work in politics or government?

No

Have you ever held a public office, whether appointive or elective?

No

Now we'd like to ask a few questions about your reasons for running and your general views on politics and government. First, why are you seeking this office?

To give back to my community and correct the mismanagement of out town’s finances.

Please complete this statement: The single most pressing issue facing my constituents is ____, and this is what I intend to do about it.

Mismanagement of our town’s finances- We need to run our town’s finances like a professionally run company. Continuous delays have cost our town tens of millions of dollars in unnecessary additional expense, the result of failing infrastructure and double digit construction inflation.

What are the major differences between you and the other candidates seeking this post?

I have over 15 years direct experience in Municipal and Infrastructure finance as an executive at Goldman Sachs.

What other issues do you intend to address during your campaign?

The key issue for our town is the vast majority of voters don't know about the problem of our failing infrastructure in the first place. When people learn of the problem I believe they will support efforts to move forward urgently to fund these projects.

What accomplishments in your past would you cite as evidence you can handle this job?

I have enjoyed significant success in my career, from beginning as a credit analyst at JPMorgan, to rising to a Managing Director and executive running part of the Municipal Bond Department, as well as Structured Finance, to a partner in a multi-billion dollar global hedge fund.

What is the best advice anyone ever gave you?

Keep it simple. Understand things at the most basic level and be able to communicate your ideas in a fundamental, simple way. (The advice of two Nobel prize wining finance professors, who had an ability to think at a very high level, but speak at a simple, understandable level).

Is there anything else you would like voters to know about yourself and your positions?

I have no interest in politics. I am simply motivated by trying to do the right thing for our town. Greenwich has one of the highest concentrations of smart people, particularly smart financial professionals, in the world. It is shocking how unsophisticated and mismanaged our town’s finances are. We are getting less and spending more. We can change this with new BET leadership.