NCB Capital Impact Names Eli Kennedy to Board of Directors

WASHINGTON, May 29, 2013 /PRNewswire-USNewswire/ -- NCB Capital Impact is pleased to announce that Eli Kennedy has joined its board of directors.  Mr. Kennedy is president and CEO of Pacific Charter Schools Development (PCSD), a position he has held since 2010 and has served on the PCSD board since 2008.  

"Eli Kennedy will add a unique perspective to our board of directors," said Terry Simonette, President and CEO of NCB Capital Impact.  "I have great admiration for his deep understanding of the current challenges facing charter schools and nonprofit organizations."

Under Mr. Kennedy's leadership, PCSD has developed 10 schools for over 5000 students, expanded its operation to new geographies outside of California and broadened its service offering.  Prior to PCSD, he was a Director at The Eli and Edythe Broad Foundation, managing the foundation's investments in school districts and other non-profits focused on education reform.  In his career, Mr. Kennedy served as Regional Director for Platform Learning, a New York-based tutoring company, as a Manager of Strategic Planning at DNET, and as a senior consultant for Accenture. Mr. Kennedy has a B.S. in business administration and finance from Howard University and an M.B.A. from the Wharton School at the University of Pennsylvania.

"I am delighted to serve on Capital Impact's board of directors," stated Kennedy.  "I have great respect for the accomplishments of the organization and I look forward to assisting in its continued success."

About NCB Capital Impact: NCB Capital Impact helps people and communities reach their highest potential at every stage of life. As a Congressionally chartered, District of Columbia, non-profit community development finance institution, Capital Impact provides financial services and technical assistance to help make high-quality health care, healthy foods, housing, and education more accessible and attainable, and eldercare more dignified and respectful. Capital Impact has used its depth of experience, cooperative approach, and diverse network of alliances to generate over $1.825 billion in critical investments that create a high quality of life for low income people and communities. www.ncbcapitalimpact.org

SOURCE NCB Capital Impact