As we embark on a new year filled with promise and opportunities, we’re delighted to announce the election of our new members to The Alliance’s Board of Directors. Please join us in welcoming Hilda Kennedy, Ron Brooks, and Gene Gelgelu to our leadership team. Their exceptional expertise, unwavering passion, and shared commitment to our mission will be instrumental in advancing our efforts to empower Black-led CDFIs and closing the racial wealth gap.
- Hilda Kennedy is the Founder and President of AmPac Business Capital and has been a dedicated Alliance member since 2019. As a key contributor to the Advocacy & Partnerships Committee, Hilda will continue fostering strategic collaborations and amplifying our collective voice to drive impactful change.
- Ron Brooks, President of River City Capital, joined The Alliance in 2021. With a strong track record of leadership in community development, Ron’s insights will greatly enhance our mission to support Black-led CDFIs.
- Dr. Gene Gelgelu, Founder and President & CEO at African Economic Development Solutions, joined the Alliance in 2020. Under his leadership, Dr. Gelgelu has incubated numerous culturally specific businesses and launched Little Africa, a creative placemaking effort in the heart of Saint Paul.
The 2025 Board of Directors is composed of a distinguished group of leaders:
- Donna Gambrell – Chair
- Watchen Bruce – Vice Chair
- Van Hampton – Secretary
- Marshall Crawford – Treasurer
- Hilda Kennedy – Newly Elected
- Ron Brooks – Newly Elected
- Gene Gelgelu – Newly Elected
A strong, unified board has been essential to driving meaningful change and ensuring the success of our mission.
The Alliance extends its heartfelt gratitude to Calvin Holmes and Victor Elmore, who are retiring after their distinguished service as inaugural board members. Both leaders have been appointed as non-voting (emeritus) members, in recognition of their invaluable contributions to the foundation and growth of The Alliance. Their leadership and dedication have left an indelible mark on our organization.
We look forward to working alongside our newly elected members and the entire board as we continue advancing the vital work of The Alliance.
