David Krebsbach has been appointed as permanent vice chancellor for administrative affairs and chief financial officer of the North Dakota University System.
Krebsbach was appointed to the role in an interim capacity in August, and will officially assume his duties on Oct. 16, according to a release from NDUS. He has worked for the state university system since 2016. In his current role he is responsible for all budget related and fiscal matters of the system office, and works closely with all 11 NDUS institutions on accounting, financial management and budget formulation.
Krebsbach has also assisted in preparing fiscal research, reports and testimony during legislative sessions. The position fills the need for leadership-level oversight of financial administration and other financial functions at the system level.
NDUS Chancellor Mark Hagerott said Krebsbach continues to be an exemplary fit to the organization.
“David has proven leadership skills and extensive experience in administrative operations, as well as knowledge about the higher education funding formula,” Hagerott said. “He comes to this position familiar with the legislative process and a work philosophy that will continue to be an asset to the NDUS. He and the administrative affairs team have enabled us to keep a balanced budget across the system. His professional approach has helped us navigate a budget plan through our COVID response, and he continues to align our budget and strategic processes, all while maintaining a primary focus on our students and campuses.”
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Before joining NDUS, Krebsbach was a finance manager for Job Service of North Dakota for eight years. He also has experience working as a comptroller and as a senior accountant. He obtained degrees in business administration and accounting from UND, and is a certified public accountant.