In naming Michael Pugh a leader in finance, Crain's NY noted his leadership of LISC, a CDFI that has invested $30 billion in underserved communities, as well as his accomplishments in establishing a loan fund leveraging alternative data and cultivating the next generation of financial leaders at HBCUs.

By Michael T. Pugh, LISC CEO

As HUD Secretary Fudge prepares to retire from public service, LISC CEO Michael T. Pugh reflects on her impact and the career-long dedication to creating affordable housing for all.

Talking Financial Stability With LISC CEO Michael T. Pugh

In a wide-ranging radio interview with Audacy's On the Block 94.7, LISC CEO Michael T. Pugh unpacks the ways CDFIs, from the most local to the largest, are so well poised to support financial mobility. He also praises the role of good financial advice, and forecasts how AI can create alternative methods for building credit.

In a Q+A with ImpactAlpha, Michael T. Pugh delves into the ways community development finance must operate in the wake of new affirmative action legislation, and what the big-ticket items on LISC’s 2024 investment list are, including small business support and green jobs and homes.

By Michael T. Pugh, LISC CEO

LISC president and CEO Michael T. Pugh reflects on what he's learned in his first months helming the organization, and shares top priorities for the year, both internally and for supporting the communities we work with. Green housing, second-chance employment and AI as a tool for more efficient credit-building and lending are at the top of the list, along with strengthening and streamlining LISC's operations to achieve maximum impact in people's lives.

Michael T. Pugh, LISC president and CEO, answered eight questions for Affordable Housing Finance about his top priorities for the organization, the lessons he learned as a bank teller, and the very best advice he ever got (bonus point: it's good advice for everyone).

By Michael T. Pugh, LISC CEO

LISC’s new CEO, Michael T. Pugh, reflects on the full-tilt activity and relationship-building of his first five weeks on the job. Meeting funders, community partners, residents and colleagues has been the most enriching part of the journey.

Michael T. Pugh, LISC's new CEO, is among Crain's New York Business 2023 Hall of Fame inductees, recognized for his mission-driven career in community banking and the structure and strength he brought to Carver Federal Savings Bank over the course of his leadership there. Read about his accomplishments and unusual trajectory from entry-level teller to bank CEO. Said Pugh, “You learn so much about the business [as a teller]. You also learn to listen to customers in a very different way.”

As Michael T. Pugh, formerly president and CEO of Carver Federal Savings Bank, takes the helm of LISC, we caught up with him to talk about what inspired him to step into his new role, what motivates him as a leader and community development practitioner, and what he hopes to help LISC accomplish in the years to come.

In a podcast with CEO Magazine, our incoming CEO, Michael T. Pugh, reflects on wisdom from home and how it has shaped and motivated his career, dedicated to supporting people and communities sidelined by the mainstream economy. The key, he says, "is spending my time on things that will make a difference to those I care about."