The state Republican Committee on Wednesday announcement the appointment of Chele Chiavacci Farley as its new chairwoman for finance.

Her appointment comes as Republicans hope to unseat New York City Mayor Bill de Blasio this year and look to the 2018 race for governor as Democratic incumbent Andrew Cuomo seeks a third term.

“Chele Chiavacci Farley is a whip-smart and respected professional who brings a wealth of connections to the position of New York City finance chair,” said State GOP Chairman Ed Cox. “As one one of New York City’s known and respected residents, she will utilize her longstanding community and professional ties to build out our fundraising operation heading into what will be the most important national election in 2017. We are fortunate to have Chele as an ambassador of our Party and to help ensure we have the resources to defeat Bill de Blasio.”

Chiavacci Farley is a partner and managing director at Mistral Capital International, a private equity firm based in New York City.

“I’m thrilled to accept the position of New York City Finance Chair for the State Republican Party,” said Chele Chiavacci Farley in a statement. “We just helped elect a Republican President, and now we are turning our sights to New York City, where we must make Bill de Blasio a one-term mayor. There is a real sense of excitement out there and I’m honored to take on the important task of making sure the Party has the resources it needs to reach voters about a better path forward for our great city.”