In his characteristic deep voice and British accent, Democrat John Blankley said he is exploring a run for\u00a0state treasurer, as he visited New canaan recently. The Greenwich resident left England over 35 years ago, when he was transferred by British Petroleum, (BP) where he served as chief financial officer. Blankley discussed his exploratory run for Connecticut's top financial post in\u00a0a room full of people at an Advertiser\u2019s coffee \u2014 \u00a0which is normally off the record \u2014 \u00a0but he agreed to a phone interview, which took place on Friday, August 19. He grew up in England as the son of a coal miner and went on to attend Oxford University. In 2000, he co-founded Flagship Networks, Inc., a Greenwich-based computer consulting and systems integration company. \u201cI have these financial skills and experience and we have financial problems in the state and I want to go and help and serve and do the best I can,\u201d he said. Politics is not new to Blankley. In 2013, he was elected to and presently sits on the Greenwich Board of Estimate and Taxation \u2014 the town\u2019s board of finance. He has served as a member of Greenwich\u2019s Representative Town Meeting and on the Greenwich Democratic Town Committee. He ran for First Selectman of Greenwich in 2011, the State Assembly in 2012 and the State Senate in 2016. What a treasurer does The treasury issues bonds, manages pensions and oversees over three million transactions a year, he explained. The treasurer does not set budget or policy, since that is done by the governor and the legislature. The treasurer oversees the investments of the $32 billion pension fund through different money managers, he explained. He would play an important role in \u201cselecting them and making sure we got the best,\u201d he said. He believes good accounting practices can have an important impact on the state. It is \u201cvery appropriate that we should have accounting principles and they should be adhered to,\u201d he said. He believes he is qualified to institute the best practices because of \u201call the jobs that I\u2019ve had and the skills that I\u2019ve acquired,\u201d he said. In the past there have been some \u201ccreative accounting\u201d on the state level, he said. The treasury has been using interest income from a multi-year bond in the first year, instead \u00a0of following the accepted practice in which they are \u201cnormally spread over\u201d the age of the bond, he explained. Corporate executives want someone to bring back financial \u201cstability and certainty\u201d on the state level, he explained. \u201cI know from my corporate background that this is what corporate executives want. They want to know there is a plan,\u201d he said. Moral compass points to gains As the treasurer oversees the management of the pension funds, he or she determines how much is invested in foreign equity, private equity, fixed incomes and how much is \u201ckept in cash,\u201d he explained. In determining the state\u2019s investments, he believes it is important to invest in companies that are socially responsible because they can perform \u201cat least as good or better\u201d than other financial instruments, he said. The state should continue to follow the United Nations Principle of responsible investing, he said. Blankley believes regulation is important aspect of capitalism which he describes as a \u201cgood system.\u201d But regulation is needed to regulate securities markets and banks for \u201cconsumer protection from such things as predatory lenders.\u201d He wants to help. \u201cIt is your absolute duty to give back to society,\u201d he said.