2007 Archive

FOR IMMEDIATLE RELEASE Jun 26, 2007
Keith Wright Named Cbcf Executive Vice President Experienced and accomplished leader and manager hired to oversee day-to-day operations of the Foundation

WASHINGTON – The Congressional Black Caucus Foundation (CBCF) has named Keith Wright, formerly a vice president at Citibank and Fannie Mae, to be the Foundation’s new executive vice president, CBCF President and Chief Executive Officer Elsie Scott, Ph.D., announced today.

A New Jersey native, Wright has a long history of developing and delivering homeownership products and services in communities across the country. He will report to Dr. Scott and help her oversee a staff of 25 working in areas of programs, resource development, finance, meeting and events, communications and administrative services.

“We are very pleased to have Keith on board,” Dr. Scott said. “He will be conducting the day-to-day functions of the Foundation. Now I will be free to concentrate more on fund raising and engaging the public and other business and nonprofit leaders who share CBCF’s mission.”

Wright most recently served as Citibank’s vice president and director for the Mid-Atlantic region covering Maryland, Virginia and the District of Columbia. Before that he was vice president of community investment at Fannie Mae, with responsibilities for operations, human resources, business integration, technology and budgeting for its partnership infrastructure. Prior to Fannie Mae, Wright was assistant manager of computer operations at the Port Authority of New York and New Jersey, where he was responsible for the technology operations for the authority’s facilities, including three major airports and the World Trade Center.

Wright has held several civic and community positions, including chairman of the economic development corporation and chairman of the mayor’s development corporation in East Orange, N.J. He has earned a master’s degree in general administration from the University of Maryland and a bachelor’s degree from Rutgers University, and completed a management development program at Harvard University. Wright also serves on the boards of the Perry School Community Center, The Covenant House of Washington, D.C., and the Hurston/Wright Foundation.

“I’m happy to be joining the Foundation,” he said. “My management philosophy is if I’m not helping you do your job, I’m not doing my job. This is really about community and community is something I’m passionate about. I look forward to helping my CBCF colleagues help the public.”

The Congressional Black Caucus Foundation Inc. (CBCF) was established in 1976 as a non-partisan, non-profit, public policy, research and educational institute intended to broaden and elevate the influence of African Americans in the political, legislative and public policy arenas.