Claim: Doug Ducey served in a public office.

The state treasurer is Arizona state government 's chief banker and investment officer . The Treasurer 's Office manages Arizona 's annual state revenues ; directs the state 's banking services ; and manages Arizona 's investment portfolio . The state treasurer also serves on the management boards of a number of public entities . The state treasurer is one of six statewide elected officials , and serves a term of four years . A person may only serve as state treasurer for two terms .