January 10, 2018—The Low Income Investment Fund (LIIF) announced today that it has named Daniel A. Nissenbaum, a longtime LIIF board member and Goldman Sachs executive, as its new President and Chief Executive Officer. Nissenbaum will succeed Nancy O. Andrews who announced last summer that she is stepping down after 20 years of distinguished service at LIIF.
“Dan will be outstanding, and I couldn’t be more excited for LIIF,” Andrews said in the press release. “I’ve worked with Dan for years. I am thrilled with his appointment, and I know LIIF will reach new heights under his leadership.”
“Dan is a community development expert with a rare combination of commercial and managerial experience in the Community Development Financial Institution (CDFI) sector,” said Lisa Mensah, OFN President and CEO. “His powerful experience as an investor in and partner to CDFIs will ensure LIIF continues to be a leader in the CDFI field. Dan is a star. He will know just how to navigate Washington, D.C., and I’m excited to see him lead LIIF in developing its vision for sustainable growth.”
Read the full press release here.