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The state treasurer is the chief banker and investment officer for the state of Arizona. In this capacity, the state treasurer receives payments made to the state, accounts for and manages the state's cash flows, provides banking services to state agencies, directs and administers the investment of the state's approximately $95.9 billion portfolio, and disburses public monies in payment of ...
She was elected to the position of Arizona state treasurer on November 6, 2018. As Treasurer, Kimberly Yee is currently the highest-ranking statewide elected Republican in Arizona. Yee announced her candidacy for Arizona governor in May 2021 but withdrew from the Republican nomination race in January 2022 to run for reelection as treasurer.
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Arizona is one of five states that do not have a specified lieutenant governor, so the Secretary of State is the first in line to succeed the Governor in the event of death, disability, resignation, or removal from office. The line of succession also includes the attorney general, state treasurer, and superintendent of public instruction.