New TMF Leader Larry Bafundo: Investing in IT Modernization for a Better Future

Director of the Technology Modernization Fund appointed by GSA

The Technology Modernization Fund (TMF) has gained a new leader in Larry Bafundo, who was recently named as the permanent executive director by the General Services Administration’s (GSA) funding vehicle. This move comes amid calls from both the White House and Congress to invest more in TMF, which aims to fund IT modernization projects that can improve service delivery and efficiency for the American people.

Before joining GSA in January, Bafundo led modernization efforts at the Department of Labor and oversaw a $2 billion initiative to upgrade unemployment insurance systems. He also worked at GSA’s 18F unit for over two years as a product manager, focusing on transformation efforts for crime data collection and reporting.

Deputy Administrator Katy Kale recognized Bafundo’s expertise and highlighted the importance of TMF in investing in IT modernization projects to enable the federal government to deliver simple, seamless, and secure services to its citizens. This announcement follows calls from federal IT leaders and lawmakers to revitalize the TMF, which is nearing the end of its America Rescue Plan funding.

Bafundo’s promotion was first reported by NextGov, signaling a new chapter for TMF under his leadership. His experience leading complex digital initiatives in both the public and private sectors makes him well-suited to lead this important program that will help transform government services for Americans across the country.

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