WASHINGTON, D.C. — The Congressional Black Caucus Foundation, Inc. (CBCF) announced David Hinson will lead the organization as its new president and chief executive officer.
Hinson most recently, he served as an executive at the U.S. Chamber of Commerce, where he helped develop its new Institute for Diversity and Emerging Businesses, and president of Brookland Capital Partners, LLC.
“I am excited to welcome Mr. Hinson as the new president and CEO of CBCF,” said Rep. Cedric Richmond (D-LA), chair, CBCF board of directors. “His understanding and strength in positioning organizations on a global scale will build upon the CBCF’s storied history and legacy. We look forward to his thoughtful leadership on issues that affect black and brown people as a whole, and this organization’s ever-increasing role in the lives of the global black community.”
Appointed by President Barack Obama, Hinson led the U.S. Department of Commerce’s Minority Business Development Agency where he raised $19 billion in capital and contracts for minority-owned firms. During his tenure, he restructured the agency and helped it achieve the five highest performing years in the organization’s then 45-year history.
As CBCF president and CEO, among many responsibilities, Hinson will spearhead a new strategic planning process to facilitate the organization’s evolution. He will also work to expand CBCF’s global footprint and existing programming.
Hinson earned an MBA in Finance from the Wharton School of the University of Pennsylvania, and a bachelor’s in business administration from Howard University. In addition, he completed an executive education at Dartmouth College’s Tuck School of Business and a fellowship in international finance at Stockholm School of Economics in Sweden. Hinson is from St. Louis and currently resides in Washington, D.C.