Board members are elected by the membership and serve staggered two-year terms. Members of this governing board are volunteers who hold financial management positions within their organizations and are members of a federally recognized tribe.

2007-08 Board of Directors:

William Lomax - President

Member of Gitxsan Nation
Phone: 917-669-3309
E-mail: william@nafoa.org

Bill Lomax has been actively working with Tribal governments most of his career and has several years experience working on Wall Street helping tribes with financing and investments. Prior to being elected NAFOA’s President, Bill was the 2nd vice-president and the main architect of the NAFOA 25th annual conference, "The Wall Street Summit."

Bill has worked actively in the area of financial literacy and has acted as a trainer in numerous Tribal financial education sessions. An enrolled member of the Gitxsan Nation, Bill is a graduate of the University of British Columbia Law School and the Columbia University Graduate School of Business, where he was a Toigo Fellow.

Corrine G. Wilson - 1st Vice President

Ft. McDermitt Paiute–Shoshone
Moss Adams LLP
CPA, Manager
8800 E Raintree Dr, Suite 210
Scottsdale, AZ 85260
Phone: 480.366.8238
Fax: 480.444.3423
Email: corrine@nafoa.org

Corrine is a Manager at Moss Adams, LLP in Phoenix, Arizona. Corrine has a Bachelor of Science degree from University of Phoenix in Business Administration/Accounting. She has over 8 years of experience with CPA firms in performing in required audits for tribal governments, their enterprises and their gaming facilities. She has also been a financial officer and financial consultant for various Tribes for over 16 years, and had two years of accounting experience with a Fortune 500 manufacturing firm. Corrine also provides a wide variety of financial consulting and training services to Tribes.

Corrine currently serves on the Native American Finance Officers Association (NAFOA) Advisory Board of Directors. She served as the NAFOA representative to the Governmental Accounting Standards Advisory Council (GASAC) of the Governmental Accounting Standards Board (GASB), representing tribal governments in financial and accounting reporting standards from 2000 through 2006. She was one of the Project Managers for NAFOA’s GASB34 Implementation Guide for Tribal Governments, published in December 2001, and also a project team member for the recently published NAFOA Tribal Gaming Guide for Accounting and Financial Reporting. Corrine is a member of the Ft. McDermitt Paiute-Shoshone Tribe of Nevada, a federally recognized Tribe.

Corrine is a well-informed and relevant auditor/trainer/consultant, who has a proficient working knowledge of both tribal government financial management and tribal government auditing. Additionally, she is a Native American who can relate to the realities of financial management operations at tribal governments. She has conducted on-site and group training sessions for Tribes (Tribal Councils, Tribal program staff, Tribal accounting staff), and various federal agencies and conducted joint training with GASB staff.

Corrine strives to work to improve and strengthen tribal sovereignty with viable financial management practices that will sustain Tribes for the future.

Derrick Watchman - 2nd Vice President

Member of the Navajo Nation
JP Morgan Chase
Vice President 201 North Central Ave., 21st Fl.
Phoenix, AZ 85004
Phone: 602-221-6406
Fax: 601-221-1502
Email: derrick@nafoa.org

Derrick Watchman is Vice President in JP Morgan Chase Bank’s Native American Banking Group. He provides tribal financial and banking services. Derrick is a member of the Navajo Nation and was raised on the Navajo reservation. Derrick was principle with Watchman & Associates of Window Rock, Arizona providing business advisory services. He is formerly the Chief of Staff for the Navajo Nation. Mr. Watchman has also served as Director of Indian Affairs for the U.S. Department of Energy. Previously, he worked for the Wells Fargo Corporation handling Native American banking and financing.

Mr. Watchman was Chief Operating Officer and General Manager of the Navajo Nation’s Dinè Power Authority where he advised on Navajo Nation energy projects. He also held the Navajo Tax Commission Director post. He successfully worked to implement the Navajo Nation’s authority to tax, particularly on the large resources companies. Mr. Watchman coordinated the passage of tax incentives that stimulate reservation development. Mr. Watchman also worked with Prudential Capital Corporation in New York. Among several directorships, he is a director for the Navajo Tribal Utility Authority and a board member to the National Center for American Indian Enterprise Development Mr. Watchman holds a MBA from the University of California and a Bachelors degree from the University of Arizona.

Terry Cornelius - Secretary

Oneida Tribe of Indians of Wisconsin
Oneida Nation Finance Department
Chief Financial Advisor
P.O. Box 365 Oneida, WI 54155
Phone: 920-869-4410
Fax: 920-869-4040
Email: terry@nafoa.org

Terry Cornelius is a member of the Oneida Tribe of Indians of Wisconsin. He served the Tribe in the Internal Audit Department for 6 years and has been the Tribe's Chief Financial Advisor since January 2000. Terry's duties have included managing the Oneida Tribe's Debt Service, Investments and Annual Budgeting.

Besides completing his 2nd term on the NAFOA Board of Directors, Terry also serves on the Board of Directors of the Oneida Airport Hotel Corporation, which oversees the operations of the Oneida Tribe's highly successful Radisson Hotel and Conference Center.

Terry earned his Bachelors Degree from the University of Wisconsin in 1985 and earned his MBA from the University of Wisconsin - Oshkosh in 1999.

Ryan Claw - Treasurer

Member of the Navajo Nation
Tohono O'odham Nation
Treasurer
P.O. Box 837
Sells, AZ 85634
Phone: 520-383-6600
Email: ryan@nafoa.org

A member of the Navajo Nation tribe, Ryan has provided his financial services to Native American tribes for most of his thirteen-year career. His past experiences include being the Auditor General for the Navajo Nation and a financial manager for the Pascua Yaqui Tribe of Arizona. He is currently the Treasurer for the Tohono O'odham Nation in Sells, Arizona. Ryan was also an auditor for the State of Arizona Office of the Auditor General.

Ryan is a certified public accountant and received his MBA from the University of Arizona in 2004. He is a Native American Finance Officers Association board member and is currently its representative on the Governmental Accounting Standards Advisory Council.