Director of Finance

Chiefdom of Osolia Director of Finance
Incumbent Michael Webb since June 17, 2024
Department of Finance
Style	Finance Director (formal) Money Man (informal/humorous)
Member of	Chief's Council
Reports to	The Chief
Nominator	The Chief
Appointer	Osolian Assembly (on the advice of the Chief)
Term length	At the Chief's pleasure
Formation	15 December 2023 (2023--15)
First holder	Hydrogen

The Director of Finance is a cabinet position in the Chief's Council in the Chiefdom of Osolia. The Director of Finance is responsible for managing the Chiefdom's reserves and maintaining the exchange of Diamond Cents (DC) and diamonds.

Creation and history

The Department of Finance was established on December 15, 2023. The first director of the department was a point of contention for Chief Michael Webb, who was undecided between Pud and Hydrogen, with both candidates having no clear downsides. To settle the matter, a coin was flipped and Hydrogen became the first Director of Finance.

The conversion rate of 128 DC (diamond cent) per diamond was chosen after much deliberation in the Osolia community.

DC conversions began on December 22, 2023, a few hours after the launch of the server. The Treasury, which housed all of the Department's diamond reserves, was temporarily placed in a basement in Hydrogen's Sahosam home.

The Department's assets were moved after the April 2024 Osolian general election to another temporary location at Michael Webb's former house.

On May 6, 2024, the Unite plugin was added which allowed Osolians to pay from their Osolia ATM account in-game. The plugin was extended on the 11th of June to add functionality for supporting sign shops.