Secretary Bhatt Names Hugh E. Curran DelDOT Finance Director
Dover -- Transportation Secretary Shailen Bhatt has named Hugh E. Curran as DelDOT's new Director of Finance, citing Curran's years of senior executive experience in the global financial services industry.
"DelDOT's chief financial officer plays a crucial role in helping our agency manage the complicated mix of state and federal dollars that comprise our approximately $1 billion budget," Bhatt said. "Doing so requires someone with broad experience in credit markets, cash management and accounting. It also takes someone who can help our agency prioritize investments and keep managers and vendors focused on the delivery of projects and programs within established budgets.
"I believe Hugh's former leadership roles at MBNA Corporation, Barclays, Morgan Stanley, and most recently Merrill Lynch makes him eminently qualified. We are very fortunate to have him onboard."
Curran began his career at Maryland Bank, National Association in 1984, with roles in Collections, Credit, Accounting, and Treasury. He was an integral part of the team completing the Initial Public Offering that spun off from Maryland National Bank to form the independent company, MBNA Corporation, in 1991.
In 1993, Curran relocated to Chester, England, as part of the team launching MBNA Europe where he was responsible building the finance function. Upon return to the United States, Hugh held finance leadership roles in U.S. Credit Card, Corporate and Strategic Planning, and as Business Finance Officer over all corporate business support functions and the bank's deposit business.
In 2006, Curran became Finance Director for Barclays Bank Delaware, where he was responsible for building the bank's finance infrastructure. Hugh departed Barclays in 2010 and has spent the past three years building wealth management practices at both Morgan Stanley and Merrill Lynch.
"I am honored to have the opportunity to work with Secretary Bhatt and the Department of Transportation team. I look forward to helping Delaware leverage its transportation infrastructure to attract and grow businesses and commerce, while providing a high quality of life to our citizens."
Curran holds a Bachelor of Science degree in Finance and a Masters in Business Administration from the University of Delaware. He is also a Certified Management Accountant.