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| FOR IMMEDIATE RELEASE
DATE: June 27, 2007
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KEITH WRIGHT NAMED CBCF EXECUTIVE VICE PRESIDENT
Experienced and accomplished leader and manager
hired to oversee day-to-day operations of the Foundation

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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.
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