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Gov. Ned Lamont’s office announced that the state’s chief innovation officer, tech investor Daniel O’Keefe, will take over as commissioner of the Connecticut Department of Economic and Community Development.

Current DECD Commissioner Alexandra Daum is leaving the administration early next year for a position at Yale University.

O’Keefe was a technology investor for 25 years prior to joining Lamont’s administration, funding “companies that went on to create tens of thousands of jobs,” Lamont’s office said.

“Dan’s background helping innovative companies grow will be a huge asset to our administration and the state as a whole,” Lamont said in a statement. “He has a deep understanding of how to foster an environment that supports economic growth. His insights and expertise will ensure we are making the right strategic decisions when it comes to strengthening our competitive position – both now and in the future.”

O’Keefe will be Lamont’s third DECD commissioner. Lamont’s first pick, real estate financier David Lehman, served for Lamont’s entire first term before leaving at the start of this year. Lehman was succeeded by Daum, who was his deputy.

Lamont’s office said the governor will submit O’Keefe’s nomination to the General Assembly when it starts its next regular legislative session Friday

“I am excited to take on this expanded role at a unique moment in our shared history,” O’Keefe said in a statement provided by Lamont’s office. “With its robust education system, culture of entrepreneurship, supportive ecosystems, and strategic investments in our communities and people, Connecticut has the right foundational pieces in place for sustained growth. Our state is uniquely positioned to continue to benefit from trends we’ve experienced coming out of the pandemic. I look forward to working closely with Governor Lamont to continue to capitalize on those trends.”