OFN has announced that Beth Lipson has been appointed Chief Financial Officer (CFO). Lipson will report to OFN President and CEO Lisa Mensah.
Beth manages staff and operations at OFN’s Philadelphia office, which has recently moved to a new location at 123 South Broad Street, Suite 1930.
In her role as CFO, Lipson will be responsible for ensuring OFN’s financial strength, stability, risk management, and appropriate operational and capital liquidity through the management of OFN’s budget, fundraising, financial performance, and OFN organizational metrics. In addition, Lipson will continue to be instrumental in the organization’s development efforts. Lipson will manage the grant raising activities of the organization in close collaboration with the Chief Lending and Investment Officer and Chief Executive Officer.
“I’m pleased to appoint Beth to the position of our Chief Financial Officer where she will bring her diligence, her wisdom, and her breadth of experience to help OFN and our network of CDFIs reach new heights of scale and sustainability,” said Mensah. “She is a quiet powerhouse. Beth is the kind of professional who makes everything she touches better, and we look forward to her ongoing contributions.”
Read the full press release.