Location: Washington,DC, USA
The Green Bank for Rural America, a nonprofit subsidiary of Appalachian Community Capital, seeks an experienced, dynamic, and visionary leader for the role of President and Chief Executive Officer (CEO) to build and lead the infrastructure to deploy green energy investments in low-income rural communities impacted by declines in the fossil fuel industry.
ACC was recently selected to receive a $500 million Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA) award to catalyze green energy investments in low-income rural communities impacted by declines in the fossil fuel industry. This place-based effort will be a hub for investment and technical assistance to community lenders, local leaders, and workforce development partners in coal, energy, underserved rural, and Tribal communities across the United States.
The Green Bank for Rural America has structured a robust national program that prioritizes 582 counties in Appalachia, energy and underserved rural, and Native communities – 30% of all US persistent poverty counties – with financing and technical assistance activities being available in all eligible underserved rural communities nationally.
Under the GGRF award, Green Bank for Rural America will pass through 90% of funding to Community Lenders serving the target market and provide technical assistance services to community lenders and community stakeholders to ensure the program goals as outlined are met or exceeded. The goals fall into the categories of:
Beyond the GGRF award, the Green Bank for Rural America aspires to become a self-sustaining entity to continue to provide financing for clean energy and green economy investments in underserved rural communities.
The Position
The President and Chief Executive Officer of the Green Bank for Rural America leads the organization to implement the workplan to meet or exceed the objectives set out in the EPA CCIA award. This involves organizational design, startup, staffing, and management of this purpose-formed organization. In addition, the President and CEO will chart and lead a path for Green Bank for Rural America to be a sustainable organization serving Appalachia, energy, and underserved rural communities beyond the specifications and performance period of the EPA award. As a wholly-owned subsidiary of the ACC, the President and CEO will report to the Green Bank for Rural America Steering Committee appointed by the ACC Board of Directors. ACC will retain a portion of the EPA CCIA award to conduct oversight and audit functions to comply with EPA requirements.
Key Responsibilities:
The President and CEO will be the first position hired for the Green Bank for Rural America. Near-term responsibilities will focus on building the infrastructure for this start-up organization. Overall, the primary duties and responsibilities include:
Strategic Leadership:
Operational Leadership and Supervision:
Financial Management and Resource Development:
Good Governance:
Qualifications:
Successful candidates will bring a range of skills, experience, and attributes including:
The position will be hybrid and based in Washington, DC or other Green Bank for Rural America offices to be established in Appalachia. Monthly travel will be required or more frequently as necessary.
Application Process:
To apply, upload a Microsoft Word or Adobe PDF resume and cover letter which conveys your interest in this leadership opportunity. For other inquiries, contact Olive Idehen at ...@marcumllp.com. Resume reviews begin immediately. The Search Committee anticipates advancing interviews and selection activities later in June and to make a hiring recommendation to the Steering Committee by early July.
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