NFF Welcomes Two New Members to Board of Directors: Ommeed Sathe and John P. Taylor
New York – October 20, 2015 – Nonprofit Finance Fund is pleased to announce the appointment of Ommeed Sathe and John P. Taylor to our Board of Directors. Ommeed and John are leaders in impact investing, who demonstrate not only a vision for social change but also the capabilities that come from years of experience i n development finance.
As Vice President for Impact Investments at Prudential Financial, Ommeed Sathe holds the multifaceted responsibilities of underwriting, origination, pipeline development, and portfolio management of the firm’s impact investments, of which Prudential committed to building a $1 billion portfolio by 2020. He is also the director of the Newark Investment Fund, which provides investment resources to support the Strong Healthy Cities initiative. Before joining Prudential, Ommeed was director of real estate development for the New Orleans Redevelopment Authority, a quasi-public entity that redevelops residential and commercial properties and implements public projects in New Orleans.
“I am thrilled to join NFF as it continues its work at the cutting edge of community development finance,” Ommeed said. “NFF’s work, providing not only financing but also strategic advice and advocacy to nonprofits, shows that it is uniquely committed to making a difference in low-income communities where change is needed most.”
John Taylor is Chief Financial Officer for Development Capital Partners, LLC and Tierney Management, LLC, two investment entities specializing respectively in African Emerging Markets and Global Alternative investing. Prior to Development Capital Partners, John was the Chief Financial Officer at Technoserve, Inc., a private international economic development organization. Previously, John was the Controller of Mikron Inc. (USA), a Swiss manufacturing company; a member of the finance team at the Early Learning Centre, an international educational toy retailer; and a board member of the Ghana CEDI Trust and Mapato in Tanzania, both agricultural small-holder lending funds.
“I am greatly looking forward to this opportunity to join NFF,” said John. “NFF’s commitment to helping mission-driven organizations build adaptability and reorient themselves around outcomes is essential in today’s constantly-changing landscape.”
“We are honored to welcome such capable and visionary leaders to our Board,” said Antony Bugg-Levine, CEO of Nonprofit Finance Fund. “As the impact investing movement has taken off so prominently, we are especially pleased to work with individuals who share our values of realizing impact investing’s potential in the marginalized communities our clients serve.”