Calvert Impact Appoints Andrew Marino as New Board Chair, Marking Leadership Transition

Calvert Impact, a global nonprofit investment firm, has announced the appointment of Andrew Marino as its new board chair, effective January 1, 2025. Marino, a partner at Summa Equity, succeeds Bart Harvey, who has led the board for the past ten years.

The leadership transition represents a strategic move for the organization, with Marino bringing extensive experience in private market investments and corporate governance, particularly in impact and climate-oriented sectors. As a partner at Summa Equity, Marino leads North American activities and serves on the board of Climate United, a coalition that manages part of the National Clean Investment Fund.

CEO Jennifer Pryce highlighted the significance of Marino's appointment, noting that his expertise will be crucial as the organization develops its new strategic plan. Marino expressed enthusiasm about partnering with the team and guiding Calvert Impact through its next phase of growth.

Harvey's departure marks the end of a transformative decade for the organization. As the former chairman and CEO of Enterprise Community Partners, Harvey played a pivotal role in creating affordable housing initiatives, including helping Congress establish the Low-Income Housing Tax Credit. His leadership was instrumental in shaping Calvert Impact's innovative approach to community investment.

Under Harvey's guidance, Calvert Impact has mobilized over $5 billion to support mission-driven funds and organizations. The organization offers various investment products designed to benefit communities, including the Community Investment Note, Cut Carbon Note, and Access Small Business Program.

The leadership change signals Calvert Impact's commitment to continued growth and innovation in impact investing. With Marino's extensive background in sustainable and climate-oriented investments, the organization is positioned to expand its efforts in creating positive social and environmental change through strategic capital deployment.