Calvert Impact Welcomes Andrew Marino as New Board Chair, Signaling a New Era for Impact Investing
TL;DR
Andrew Marino's appointment as Chairman at Calvert Impact brings decades of experience, providing a strategic advantage for the organization.
Marino, partner at Summa Equity, with extensive private market investment expertise, appointed Chairman of Calvert Impact, effective Jan. 1.
Marino's leadership and expertise will guide Calvert Impact through a phase of exciting growth, benefiting communities and the planet.
Calvert Impact's new Chairman, Andrew Marino, brings significant impact and climate-oriented investing experience, shaping a better future for all.
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Calvert Impact, a global nonprofit investment firm renowned for its commitment to social and environmental causes, has ushered in a new era with the appointment of Andrew Marino as its board chair, effective January 1. This leadership change signifies a strategic shift for the organization, as Marino brings a wealth of experience in private market investment and corporate governance, particularly in impact and climate-oriented sectors. His current role at Summa Equity, where he leads North American activities and serves on the board of Climate United, aligns seamlessly with Calvert Impact's mission.
The transition from Bart Harvey, who has served as board chair for the past decade, to Marino is seen as a natural progression for Calvert Impact. Harvey's tenure was marked by transformative leadership, including significant contributions to the development of the Low-Income Housing Tax Credit and the Green Communities initiative. His departure leaves a legacy of innovation and growth, setting a solid foundation for Marino to build upon.
CEO Jennifer Pryce emphasized the strategic importance of Marino's appointment, highlighting his expertise as a valuable asset in the development of the organization's new strategic plan. Marino expressed his honor in taking on the role and his eagerness to collaborate with the team to navigate Calvert Impact through its next phase of growth. This leadership change is not just a routine transition but a reflection of the organization's adaptive strategy in response to the evolving landscape of impact investing.
With a history of deploying over $5 billion through various investment products and partnerships aimed at social and environmental impact, Calvert Impact stands at the forefront of mobilizing capital for good. The appointment of Marino as board chair is a clear indication of the organization's commitment to continuing its mission of enabling investors and financial professionals to support solutions that benefit both people and the planet. As Calvert Impact embarks on this new chapter, the implications for the impact investing industry and the broader world are profound, signaling a continued and strengthened focus on addressing some of the most pressing challenges of our time through innovative financial solutions.
Curated from 24-7 Press Release
