In his role as senior vice president, Wallace applies a systematic and conscientious approach to business development, financial analysis, and technical assistance, overseeing deployment of $17 million in 73 loans and investments to 71 businesses in 2020 alone. in Business Administration from the Université National de Rwanda and a master’s degree in International Economics and Development from the Université Catholique de Louvain in Belgium.Īs senior vice president, lending and investment, Daniel Wallace oversees the management and deployment of CEI’s $50 million loan fund, successfully leading a team of 12 as they helped Maine’s small businesses navigate the economic challenges of the pandemic. In Maine, Arthur has held the role as Executive Director for the Intercultural Community Center in Portland and most recently, as a Community Economic Development Specialist for the Cooperative Development Institute.
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Arthur then spent the next seven years of his career working for the United Nations in Kigali, Rwanda, where he held a variety of roles including Financial Inclusion expert and advisor, and Inclusive Finance Consultant for the UNCDF (United Nations Capital Development Fund). He held positions as Branch Manager of the Opportunity Bank in Rwanda, Financial Sector Expert for the Ministry of Finance in Rwanda, and an Economic Strengthening Team Leader for USAID.
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Arthur began his professional career in finance in his home country of Rwanda. Arthur brings several years of financial, business, and technical advising expertise non-profit fundraising and program development and grant management experience to the role. Molly and her family reside in Gardiner.Īs a Loan and Investment Officer at CEI, Arthur Sabiti is involved in all aspects of lending including financial analysis, business development and portfolio management. Molly holds a Bachelor of Arts in Financial Economics with a concentration in French from Saint Anslem College.
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Most recently, Molly held the role of Program Fiscal Officer, Division of Program and Fiscal Coordination for DHHS in Augusta. She worked for the Maine State Department of Professional and Financial Regulation as a Senior Insurance Analyst for the Bureau of Insurance Assistant Securities Specialist and Assistant Securities Administrator for the Office of Securities. Molly moved away from banking on a couple of different occasions during her career. Molly has held a variety of retail banking roles such as Branch Manager and banking officer at Maine National then Fleet Bank, AVP Commercial Loan Officer at Cushnoc Bank and Trust, AVP Key Center Manager at Key Bank, and VP and Senior Relationship Manager for Bangor Savings Bank. In May 2020, she was appointed by Governor Janet Mills to Maine’s Economic Recovery Committee, tasked with recommending strategies to stabilize and grow the Maine economy in response to the COVID pandemic.Īs a Loan and Investment Officer at CEI, Molly Gerencer is involved in all aspects of lending including financial analysis, business development and portfolio management. Molly brings breadth and depth of retail and commercial banking and State of Maine financial expertise to the team. at Princeton University’s School of Public & International Affairs. Betsy serves on the board of the Opportunity Finance Network and as board member and treasurer of the Elmina B. in biology and the history of science at Harvard University and her M.P.A. She joined Rockefeller’s staff in 1996 after working in international development, principally in Africa. Before to her move to Maine, Betsy served as associate director at The Rockefeller Foundation in New York City, where she managed a national grant and investment program aiming to increase employment in low-income communities. From 2005 to 2012 she was president of the Maine Technology Institute, investing in Maine companies and initiatives seeking to grow high-potential sectors of Maine’s economy. Prior to her appointment, Betsy led the Maine Food Cluster Project of the Mossavar-Rahmani Center for Business and Government at Harvard University and advised businesses, nonprofit organizations and social enterprises in Maine and nationally. in 2016 as its second Chief Executive Officer.
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Betsy Biemann joined Coastal Enterprises Inc.