President and CEO, National Community Investment Fund
Saurabh Narain is President and CEO of National Community Investment Fund (www.ncif.org) an impact investor and Community Development Financial Institution (CDFI) focused on mission-oriented financial institutions including minority and CDFI banks. He is a Banking Executive with over 35-years of global experience building highly profitable businesses both in the for-profit and non-profit environments.
Under his leadership, NCIF has increased its AUM to $210 million, created over 10,000 jobs and is the largest investor in CDFI and Minority Banks. NCIF seeks to generate impact in underserved markets nationally using its three lines of businesses – equity investing into mission-oriented financial institutions, deployment of New Markets Tax Credits and lending. Recently NCIF launched a $50 million Credit Strategies Fund to increase co-lending and enhance impact. Impact Measurement (www.bankimpact.org) is foundational to all activities of NCIF.
Saurabh is a member of the Investors Council of the Global Impact Investing Network (www.thegiin.org), the Board of the CDFI Coalition (www.cdfi.org), Advisory Board of Wells Fargo Community Development Entity and Community Development Venture Capital Alliance (www.cdvca.org). He was a past member of the Federal Reserve Board’s Consumer Advisory Council chaired by Chairman Ben Bernanke and Advisory Board of Ripple (www.ripple.com). Prior to NCIF, Saurabh has had extensive experience in capital markets and risk management having worked at Bank of America for almost 17 years based in Asia and the US. Saurabh is a graduate of the ABA Graduate Stonier School of Banking, and hold an MBA from Indian Institute of Management in Ahmedabad, India.