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Penquis

CEO of MaineStream Finance Selected for CITI Leadership Program

Jayne Crosby Giles, resident of Belfast, Maine, and Chief Executive Officer of MaineStream Finance, is one of the professionals selected for this program.

January 28, 2014

Jane web.jpgOpportunity Finance Network (OFN) and the Citi Foundation announced the selection of 50 Community Development Financial Institution (CDFI) professionals to take part in  the Citi Leadership Program for Opportunity Finance. Jayne Crosby Giles, resident of Belfast, Maine, and Chief Executive Officer of MaineStream Finance, is one of the professionals selected for this program.  MaineStream Finance, a CDFI and subsidiary of Penquis, provides personal finance, home loans and business services to people in Maine who might otherwise have limited access to financing and credit.

Giles was chosen from more than 120 applicants nationwide. "I am extremely pleased to be accepted into this CDFI leadership program. As CEO for MaineStream Finance, I look forward to meeting CDFI leaders from around the country. MaineStream focuses on providing loans and financial education programs to families and business owners in underserved areas in central and coastal Maine. This is an excellent opportunity for our organization to learn how to best meet the financial needs of our clients."

The Leadership Program for Opportunity Finance includes three separate career level cohorts, with 11 Executive Leaders, 19 Mid-career Leaders, and 20 Emerging Leaders; Giles was selected to participate in the Executive Level.

"Developed by CDFIs for CDFIs, the program supports professionals who strive to lead transformational-structural and systemic-change," said Mark Pinsky, CEO of OFN. "OFN is excited to be able to offer this unique CDFI leadership program with the generous support of the Citi Foundation, which has supported the CDFI industry for more than 20 years."
Participants come from 21 states and the District of Columbia. They represent a variety of CDFI types and specialties, including commercial real estate lending, microfinance, consumer finance, and affordable-housing finance.

A complete list of participants is available at: http://ofn.org/leadership

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