(DES MOINES) - Gov. Terry Branstad today named Steven K. Ferguson the new executive director of the Iowa Agricultural Development Authority. Ferguson begins his new position on Monday, July 9.

Ferguson most recently served as the director of international programs at the Greater Des Moines Partnership. He has also worked at Bankers Trust in Des Moines, F&M Bank in Newton, the American Soybean Association, USDA Rural Development and the Iowa Department of Agriculture and Land Stewardship.

"Steven will be a tremendous executive director, and brings with him significant skills gained in a variety of different financial and agricultural positions," said Branstad.

The Iowa Agricultural Development Authority was created by the Iowa General Assembly in 1980 to provide financial assistance to Iowa`s grain and livestock producers.

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