Director
PNC Capital Markets LLC
Arunee Monica Cutno joined PNC Capital Markets as a Director in July 2022. She has over 25 years of experience in sales, marketing, finance, and consulting in the United States and Thailand. Monica is based in Raleigh, NC and primarily focuses on tax-exempt bond financing for charter school facilities. Prior to PNC, Monica worked with the Truist Securities charter school group for 3 years. Before joining Truist, Monica was the co-founder and board chair of Envision Science Academy, a K-8 charter school that has been recognized as a NC Model STEM School of Distinction, STEM School of the Year, and U.S. News Best Elementary School and Best Middle School. In 2016, she led the School’s $11.7 million bond transaction to fund the construction of Envision Science Academy’s 62,500 square-foot facility in Wake Forest, NC. Monica's commitment to education is reflected in her community involvement, where she currently serves as vice chair of the NC Association for Public Charter Schools and chair emeritus of Envision Science Academy. She is also founding board member of the NC Chapter of Women in Public Finance. Originally from Thailand, she has a multi-national background and is fluent in Thai. Monica holds dual bachelor’s degrees in chemical engineering and chemistry from North Carolina State University and an MBA from The University of Chicago Booth School of Business. She also holds the SIE, Series 52, 53, and 63 securities licenses.
How vouchers, charter schools, and overall population growth are affecting the funding and operating of the K-12 education sector.