South Carolina Community Loan Fund CEO

Over the last twenty years, the SC Community Loan Fund (SCCLF), a US Treasury certified CDFI became the largest nonprofit loan fund CDFI in the State.  However, at the sixteen year mark, a perfect storm of events led to the Board of Directors retaining our firm to conduct an urgent, unplanned CEO transition. This involved sufficient upfront consulting due diligence search to provide the board with a clearer picture of the events which had resulted in widely  varying degrees of confidence in the firm’s leadership. Once sufficient facts were established and a reasonable level of distinction between opinion and perception was clarified, we were successful in recruiting a CEO to stabilize the organization. The successful CEO candidate — who represented one of the first  banks to invest in SCCLF — agreed to come out of retirement to ‘steady the ship’.  Due to the magnitude of the challenge, we also recruited a President who could focus on internal operations while the CEO focused on solidifying external relationships with funders and community partners over the ensuing three years.  Following extensive recruitment and retention efforts, the CEO and President recognize it is time to hand over the reins to ensure that its employees and the people they serve are will continue to thrive in a new era of growth. If you have experience as CEO of a small to mid-sized ($5 to $50M) loan fund CDFI, or as a COO or CFO of a larger ($50M+) loan fund CDFI, we’d like to speak with you.

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