Donna J. Gambrell is the longest serving and first African American woman to be appointed as Director of the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). During her tenure from 2007 to 2013, the CDFI Fund experienced significant growth, more than doubling funding under its flagship program, and it strongly supported a CDFI industry responsible for providing affordable capital, credit, and financial services to low-income communities. Under Ms. Gambrell’s leadership, the CDFI Fund also designed and administered a number of new initiatives targeted to underserved markets, including the Capital Magnet Fund, the Healthy Food Financing Initiative, and the CDFI Bond Guarantee Program.
Ms. Gambrell retired from federal government service in December 2013. Currently, she is the CEO of Appalachian Community Capital, a CDFI regional intermediary comprised of 13 high-performing CDFIs and community development lenders working together to help address the small business needs in the Appalachian Region. In addition, she is a visiting, non-resident scholar at the Federal Reserve Bank of Atlanta, and a board member for Southern Bancorp, Inc., in Little Rock, Arkansas, which is one of the nation’s largest CDFIs. Ms. Gambrell is also honored to serve as a board member for AEO, a national membership organization for microbusinesses, and Opportunity Finance Network, OFN.