New CFO for Cook County government named

Cook County Board President Toni Preckwinkle on Wednesday announced she is naming Ammar Rizki as the county government's chief financial officer, pending board approval.

Rizki, acting CFO since June, has served as deputy CFO since August 2013, having joined the county in 2010 as deputy revenue director.

As deputy CFO, he helped devise and implement a multiyear financial plan to ensure debt and pension obligations grow no more than 2 percent a year, in line with inflation forecasts. He also managed the implementation of the county's effort to modernize and update antiquated financial administration systems, streamlining of financial processes to improve reporting and increase productivity.

The previous CFO, Ivan Samstein left to become CFO at the University of Chicago.