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Press Releases
TRF Announces New Lending Leadership
Current senior staff assumes new roles as TRF Lending leadership team.
November 3, 2011
TRF is pleased to announce the selection of Sara Vernon Sterman as its new Chief Lending Officer and Nancy Wagner-Hislip as Executive Vice President for Capital Structure and Lending Operations. In recent years, each has been responsible for half of the TRF lending portfolios.
In September, the TRF Board of Directors selected Donald Hinkle-Brown as new President and CEO following a national search. He had been acting in this capacity since Jeremy Nowak, TRF’s longtime leader, left to lead the William Penn Foundation in June. Hinkle-Brown had led TRF’s Lending and Community Investing program for more than 15 years.
With Sara Vernon Sterman’s promotion to Chief Lending Officer, she will direct the lending operation as a member of TRF’s Executive Team, leading business development, originations, and relationship management across lending lines. Sterman has been with TRF for 12 years.
Nancy Wagner-Hislip will take on the new position of Executive Vice President for Capital Structure and Lending Operations. She will lead portfolio management and asset management as well as managing TRF’s NMTC program. She will take on a new role in capitalization and investor relationships. She has been with TRF for 13 years.
“I am thankful to have such talented, mission-focused staff who can step up for increased responsibility and leadership. It is a testament to their contribution to TRF to date that they bring the right skills and expertise to lead TRF’s Lending operation during this next chapter,” shared Donald Hinkle-Brown. “They bring complementary strengths that will serve TRF well.”
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About TRF
TRF is a national leader in rebuilding America's distressed towns and cities, through the innovative use of capital and information. TRF has invested over $1 billion in Mid-Atlantic communities since 1985. A CDFI, TRF finances housing, community facilities, food access, commercial real estate and energy efficiency projects. It also provides public policy expertise by helping clients create actionable solutions and by sharing data and analysis via www.PolicyMap.com. To learn more about TRF, visit www.trfund.com.