Jacksonville News

Alberto J. “A.J.” Souto Promoted to JEA Treasurer

JEA has promoted Alberto J. “A.J.” Souto to serve as treasurer for the municipally-owned utility. He joined JEA more than two years ago and has served as manager of debt capital markets for the past year.

Souto will work to ensure the long-term financial viability of JEA through management of the company’s approximately $845 million cash and investment portfolio and $3.3 billion debt portfolio. He will be responsible for maximizing return to JEA while effectively mitigating the operating risk in these functional areas. 

Souto has served in various municipal finance roles in Duval County for more than 12 years. Before joining JEA, he served as assistant CFO/budget officer for the City of Jacksonville Beach and in various roles at the City of Jacksonville.

Souto holds the Certified Treasury Professional and Certified Government Finance Officer credentials. He earned a master’s degree in public administration and bachelor’s degree in political science, both from the University of North Florida. Souto assumed his new role on March 10.

Photo: Alberto J. "A.J." Souto

About JEA
JEA is a municipal utility providing safe, reliable and affordable services to more than one million residents across four Northeast Florida counties. JEA is not owned by investors and does not earn a profit. It was created by the City of Jacksonville to meet the electricity and water needs of those who live in Jacksonville and surrounding communities. JEA’s 2,200-plus workforce is dedicated to meeting customer needs, both today and for generations to come, while protecting our precious natural resources and supporting our region’s growth and economic development. Learn more at jea.com.