Board of Directors

Robert E. RubinRobert E. Rubin (Board Chair)
Bob is a former Secretary of the U.S. Treasury and is co-chairman emeritus of the Council on Foreign Relations, after concluding his 10-year term as co-chairman. He joined the Clinton administration in 1993, serving as assistant to the president for economic policy and the first director of the National Economic Council. He was named Treasury Secretary in 1995 and served until 1999. Bob joined Goldman, Sachs & Company in 1966 and served as co-chairman from 1990 to 1992. From 1999 to 2009, he served on the board at Citigroup and as a senior advisor. In 2010, he joined Centerview Partners as senior counselor of the firm. He serves on the board of Mount Sinai Health System and recently completed a 12-year term as a member of the Harvard Corporation. He is one of the founders of The Hamilton Project, an economic policy project housed at the Brookings Institution, and is author of In an Uncertain World: Tough Choices from Wall Street to Washington.

Lisa CashinLisa Cashin (Vice Chair)
Lisa is the former chief credit officer at LISC, a position she held for 19 years before retiring in 2007 and joining the LISC board. Previously, she was a vice president at Citigroup Investment Bank and a loan officer with the real estate division of Chemical Bank. She has worked at the Boston Redevelopment Authority, Gammon Properties in Hong Kong, and the United Nations Center for Housing, Building and Planning. Lisa is also president of the board of trustees for Prep for Prep, a leadership development and gifted education program that places high-achieving minority students from New York City at top independent and boarding schools.

Nicole ArnaboldiNicole Arnaboldi
Nicole formerly served as the Vice Chairman of Credit Suisse Asset Management, and has had a long career in the private investment field, including overseeing the firm's private equity and related activities. She served as a Senior Advisor to Credit Suisse until June 2020, and now serves as a board member for Manulife (parent of John Hancock), Commonfund, and Merit Hill Capital. In addition to her LISC board service, Nicole serves on the board of Prep for Prep and the Dean's Advisory Board at Harvard Law School, and recently has served on the Harvard University Task Force on Skills and Employability.

Greg BelinfantiGreg Belinfanti
Greg is a managing director of One Equity Partners (OEP). Prior to joining OEP, he served as a vice president in the investment banking division of Lehman Brothers, specializing in global healthcare. He is currently a board member of Celltrion Healthcare and Expert Global Solutions, Inc. Greg previously served on the boards of Prodigy, Inc., Apollo Health Street, Arthrocare and Systagenix Wound Management.

Zack Boyers Zack Boyers
Zack provides leadership and strategic direction to a team of more than 400 people who manage tax credit and lending opportunities in the community development arena nationwide. He joined U.S. Bank in 1994 and has broad experience in affordable housing, economic development, renewable energy, commercial banking, tax credit syndication, structured finance and direct and fund investments in the tax credit equity industry. He holds an MBA from Washington University and a BA with academic honors from Harvard University. He lives in downtown St. Louis with his wife and two children.

Audrey ChoiAudrey Choi
Audrey is the CMO and chief sustainability officer at Morgan Stanley and head of the Global Sustainable Finance Group. In these roles, she overseesthe firm’s efforts to promote economic opportunity, community development and global sustainability through the capital markets. In a career spanning the public, private and nonprofit sectors, Audrey has become a thought leader on how finance can be harnessed to address public policy challenges. She served in the Clinton administration in senior policy positions, including as chief of staff of the Council of Economic Advisers and domestic policy advisor to the vice president. Previously, Audrey was a foreign correspondent and bureau chief at the Wall Street Journal. She serves on President Obama’s Community Development Advisory Board and on several national nonprofit boards focused on education, conservation, and impact investing. She is a graduate of Harvard College and Harvard Business School.

Michelle de la UzMichelle de la Uz
Michelle has been the executive director of Fifth Avenue Committee since 2004. With more than 20 years of experience in public and community service, she oversees the organization’s mission, comprehensive programs serving more than 5,500 low/moderate-income people, several affiliate corporations and a housing development pipeline of 1,000 units. Michelle has served as program director for the Center for Urban Community Services and as Congresswoman Nydia Velázquez’ first director of constituent services and was active in advancing transportation, environmental justice, immigration reform and employment policy initiatives. A former trustee of Connecticut College and a recipient of the Ford Foundation’s Leadership for a Changing World Award, Michelle serves on the board of the Association for Neighborhood and Housing Development, Inc. and was appointed by Bill de Blasio, during his tenure as public advocate, to serve on the NYC Planning Commission.

Sally DurdanSally Durdan
Sally is the former executive vice president and head of strategy for Chase Consumer and Community Banking (CCB). She spent 10 years at Citigroup, and began her career as a strategy consultant for McKinsey & Company. Sally is the executive co-sponsor of WIN, the JPMorgan Chase employee networking group for women, and serves on the executive committee of the bank’s management associate program. She is also a member of the board of directors of Graham Windham, the nation’s longest-serving child welfare agency.

Tom EspinozaTom Espinoza
Tom is the president and CEO of Raza Development Fund, Inc. (RDF), the largest Latino Community Development Financial Institution (CDFI) in the U.S. with approximately $200 million in total assets under management. In 1999, Tom pioneered a faith-based approach to community development, establishing RDF’s Partnership of Hope and the Hope Fund. Under Tom’s leadership, RDF has provided capital to organizations serving Latinos nationwide. These organizations have received technical assistance and loans of nearly $300 million, which have leveraged more than $2 billion in private capital for education, childcare, affordable housing and healthcare projects serving low-income families and individuals.

Dean EssermanDean Esserman
Dean is a senior counselor at the Police Foundation, a former chief of police in New Haven, CT and one of the country’s leading advocates for a community development approach to crime. He has served as police chief of Providence, R.I. and Stamford, Conn. and for the MTA’s Metro-North Railroad. He is a member of the New York and Massachusetts bars and has served as a distinguished professor at the Roger Williams University School of Law and School of Justice Studies. Dean is a member of the national board of the Vera Institute of Justice and a former board member of the Police Executive Research Forum. He also holds a lecturer’s appointment at the Yale University Child Study Center, Yale Law School and the University of New Haven.

Greg FairchildGregory Fairchild
Greg is the Isidore Horween Research Professor of Business Administration at the University of Virginia’s Darden School of Business. He also serves as Associate Dean for Washington, DC Area Initiatives; Academic Director of Public Policy and Entrepreneurship; and Director of Darden’s Institute for Business and Society. He has taught, researched and written extensively on the intersection of business strategy and social impact including groundbreaking work on prisoner entrepreneurship, wealth creation in distressed communities, and the connections between segregation and self-employment. He has also worked in the private sector for Kraft General Foods, Proctor & Gamble and Saks Fifth Avenue. He has been named one of CNN/Fortune’s “Top 10 Business Professors in the World;” selected as MBA Professor of the Year by the influential Poets and Quants, and honored with the Aspen Institute’s Pioneer Award.

Ellen GilliganEllen Gilligan
Ellen is president and CEO of the Greater Milwaukee Foundation. She previously spent 12 years at the Greater Cincinnati Foundation, including work as vice president of community investments and as president and secretary of the HealthPath Foundation of Ohio, a $21 million supporting organization of the Greater Cincinnati Foundation. Her experience spans work at the United Way of Greater Cincinnati, the United Way of America, the Eisenhower Foundation and as a program director at LISC in the early 1980s.

Lisa GloverLisa Glover
Lisa is the former executive vice president and continuous improvement executive at U.S. Bank. She has held a variety of first line operational roles, including management positions in commercial, consumer and trust operations. Lisa also has held key leadership positions in both corporate compliance and internal audit. Most recently, she was the director of community affairs for the bank. She is a certified risk professional, a chartered bank auditor and a certified internal auditor. Lisa is an active leader in both community and industry groups. In Milwaukee, she is the chair of LISC’s Local Advisory Board and serves on the board of directors of Select Milwaukee. She is immediate past chair of the Consumer Bankers Association’s Community Reinvestment Committee.

Colvin W. Grann​umColvin W. Grannum
Colvin is president and CEO of Bedford Stuyvesant Restoration Corporation (Restoration), the nation’s first community development corporation. Prior to joining Restoration in 2001, he was the founding president and CEO of Bridge Street Development Corporation. He also practiced law for more than 17 years, most notably with the U.S. Department of Justice, NYNEX Corporation (now Verizon) and the New York City Law Department. Colvin serves on the boards of the Carver Federal Savings Bank, New York City Workforce Investment Board, Center for New York City Neighborhoods, Brooklyn Chamber of Commerce and Bedford Stuyvesant Early Childhood Development Center, Inc. among others, and is on numerous advisory boards and public commissions.

Lisa HasegawaLisa Hasegawa
As a regional vice president with NeighborWorks America, Lisa represents and leads the organization's grantmaking and capacity building work serving nearly 70 nonprofits across 14 western states. Prior to joining NeighborWorks America, she served as the executive director of the National Coalition for Asian Pacific American Community Development, the first advocacy organization dedicated to meeting the housing and community development needs of low-income Asian American and Pacific Islander communities. She also has experience in government and academia, working for the White House Initiative on AAPIs, the U.S. Department of Health and Human Services, local community health centers and the University of California, Los Angeles. In addition to LISC, she currently serves on the board of Asian and Pacific Islander Americans in Historic Preservation, and has also served on the boards of the National Low Income Housing Coalition, the National Council of Asian Pacific Americans and the Little Tokyo Service Center CDC in Los Angeles.

David HessDavid Hess
David is a partner at Centerview Partners in New York where he is part of a technology investment banking team that works with companies on a wide range of strategic challenges. After beginning his career at Schroder & Co, he spent 12 years at Goldman Sachs, including as managing director with responsibility for the firm’s technology-related investment banking practice. In addition to his LISC board service, David volunteers his time as a member of the executive committee of the Abraham Joshua Heschel School in New York.

Christopher HollinsChristopher Hollins
Christopher is the GM of Cash Management for Chase Business Banking. He is responsible for ensuring Chase implements the optimal treasury products, marketing, sales and service strategies to deepen relationships with small business owners. He is also the Business Bank’s Sponsor supporting Chase’s Underserved Entrepreneur initiative that supports growth to become successful business owners. Christopher has more than 20 years of global financial services and technology/mobile telecom experience. Christopher has served on the Sickle Cell Disease Associations of America’s board of directors since 2013. Christopher is a graduate of Grinnell College and earned an MBA from The Wharton School of Business at the University of Pennsylvania.

Maurice A. Jones
Maurice is the president and CEO of LISC. Previously, he was the Secretary of Commerce for the Commonwealth of Virginia, where he managed 13 state agencies focused on the economic needs in his native state. He has also been second in command at the U.S. Department of Housing and Urban Development (HUD), serving as deputy secretary in charge of operations and overseeing the agency’s 8,900-member staff. His other public policy experience includes work as Commissioner of Virginia’s Department of Social Services and Deputy Chief of Staff to then-Gov. Mark Warner. He served at the Treasury Department during the Clinton Administration, helping manage the Community Development Financial Institutions (CDFI) fund. His private sector experience touches on media, law and philanthropy, with top positions at the Virginian-Pilot in Norfolk, a Richmond law firm and a private philanthropy investing in community-based efforts to benefit children in Washington, D.C.

Kathryn E. MerchantKathryn E. Merchant
Since her May 2015 retirement after 18 years as president and CEO of The Greater Cincinnati Foundation, Kathy resumed independent consulting with nonprofit and foundation sectors, joined StriveTogether as a senior fellow and joined CFLeads as a senior advisor. She was previously the director of The Pew Charitable Trusts’ Neighborhood Preservation Initiative and a partner in the New Haven-based consulting firm of Holt, Wexler & Merchant. In addition to LISC, she has served on the national boards of the Center for Effective Philanthropy, the Council on Foundations, and Community Foundations of America, as well as ON other statewide and local boards. Kathy has received numerous local and national awards for her leadership in community philanthropy.

Dennis WhiteRandy Oostra, DM, FACHE
Randy is president and CEO of ProMedica, a mission-driven, not-for-profit, nationally distinguished health care system serving northwest Ohio and southeast Michigan. ProMedica, under Randy’s leadership, has taken a strategic and vital role in the health and revitalization of neighborhoods where it operates, including establishing the Ebeid Institute for Population Health, which seeks to research and create programs that improve social determinants of health—housing, income, education and food insecurity that affect a person’s well-being. Oostra earned a doctoral degree in management from Case Western Reserve University, and holds two master’s degrees, one in healthcare administration from the University of Minnesota and one in management from the University of Wisconsin.

Rey RamseyRey Ramsey
Rey is managing partner at Centri Capital. He previously served as president and CEO of TechNet, a national advocacy network of technology CEOs, and was the founder and CEO of One Economy Corporation, a nonprofit that expands access to information and technology in low-income communities. Prior to that he was president and COO of the Enterprise Foundation, director of housing and community services for the state of Oregon and a practicing attorney. Additionally, Rey has helped drive the creation and distribution of public-purpose media, most notably through the Public Internet Channel, which he founded.

RIp RapsonRip Rapson
Rip is president and CEO of The Kresge Foundation, a $3 billion national, private foundation based in metropolitan Detroit. An attorney and expert in urban policy, Rip came to Kresge in 2006 and led the philanthropy in a multiyear transition to expand and recalibrate its grantmaking. Strategically focused programs emerged: arts and culture, education, environment, health, human services and community development in Detroit, Kresge’s hometown. Each program seeks to expand opportunities in America’s cities so that vulnerable people can lead self-determined lives and join the economic mainstream. Rip put into practice the use of multiple funding methods, including operating support, project support and program-related investments.

Ronald PhillipsJerry Rickett
For nearly three decades, Jerry has served as CEO of Kentucky Highlands Investment Corporation (KHIC), one of the nation’s top community development organizations fueling affordable housing, new businesses, good jobs, workforce skills, health care and other critical services in 22 counties across eastern Kentucky. Previously, he was KHIC’s vice president and marketing manager, and, earlier, he worked with community organizations as part of two regional planning commissions. Jerry currently serves on the boards of the Tennessee Valley Corridor and The Center for Rural Development, and on the advisory committee for the Eastern Kentucky University School of Business. He is the past chair of the Kentucky Appalachian Advisory Commission and a former member of the Federal Home Loan Bank of Cincinnati’s Advisory Committee.

Nilda Ruiz
Nilda is the president and CEO of Asociación Puertorriqueños en Marcha, Inc. (APM), one of Philadelphia’s top health, human services, and community development organizations. She serves as a mayoral appointee to the Philadelphia City Planning Commission and, in 2008, was co-chair of Philadelphia Mayor Michael Nutter’s Transition Team. She was also asked by Gov. Tom Wolf to serve on his transition steering committee. From 1999 to 2005, Nilda was National Council of La Raza’s (NCLR) senior community development director for the East Coast. She was appointed to the NCLR board of directors in 2009 and now serves on the executive board.

Ommneed SatheOmmeed Sathe
Ommeed is a vice president and head of Impact Investment unit in the Office of Corporate Social Responsibility at Prudential, where he oversees all underwriting, origination, pipeline development and portfolio management activities for the group. The Impact Investment unit manages a portfolio of over $800 million in investments and Prudential recently committed to grow its impact investing portfolio to $1 billion by 2020. The group typically originates $250 million in transactions annually and invests in a wide range of assets and strategies that produce both financial and social returns. He has an undergraduate degree in neuroscience and urban planning from Columbia University; a master’s degree in city planning from the Massachusetts Institute of Technology; and a J.D. from Harvard Law School. He serves on the board of the Military Park Partnership, B-Lab, Non-Profit Finance Fund and The Community Development Trust.

Dennis WhiteDennis White
Dennis is president and CEO of MetLife Foundation where he oversees foundation and corporate contributions, company volunteer activities and the foundation’s social investment activities. He joined MetLife in 1989 and has worked on investment activities like affordable housing and renewable energy transactions in addition to corporate citizenship. Prior to joining MetLife, he worked for the Association on American Indian Affairs, a private, nonprofit group working with tribal governments, and for PaineWebber.