Calvert Impact, a global nonprofit investment firm, has announced Andrew Marino as its new board chair, effective January 1, succeeding Bart Harvey after his ten-year tenure. Marino, a partner at Summa Equity with extensive experience in private market investment and corporate governance, is poised to bring his expertise in impact and climate-oriented investing to the forefront of Calvert Impact's strategic direction.
Marino's current leadership in Summa Equity's North American operations and his role on the board of Climate United, a coalition that includes Calvert Impact, underscore his alignment with the organization's mission. CEO Jennifer Pryce emphasized the strategic value of Marino's appointment, particularly as Calvert Impact crafts its new strategic plan. Marino expressed his honor in taking over from Harvey and his eagerness to collaborate with the team to navigate the organization's forthcoming growth phase.
Harvey's departure marks the end of a decade of significant leadership, during which he was instrumental in shaping Calvert Impact's innovative strategies and fostering its growth. His legacy includes pivotal contributions to the creation of the Low-Income Housing Tax Credit and the launch of the Green Communities initiative during his tenure as chairman and CEO of Enterprise Community Partners.
Calvert Impact has a distinguished history of channeling capital towards social and environmental causes, with over $5 billion deployed through initiatives like the Community Investment Note®, Cut Carbon Note®, and the Climate United coalition. This leadership transition is a pivotal moment for Calvert Impact, reinforcing its commitment to enabling investors and financial professionals to support solutions that benefit both people and the planet.
