Black Business Investment Fund Names Ray Gilley As CEO

Dec 21, 2024•12 months ago

Position

Chief Executive Officer

Company

Black Business Investment Fund

Ray Gilley

OrlandoLendingFinanceFinancial Services

Description

The Black Business Investment Fund has appointed Ray Gilley as its new CEO, following the death of longtime leader Inez Long. Ray Gilley, the former CEO of Orlando-based Solodev, will lead the organization after being selected as part of a search for new executive leadership.

Company Information

Company

Black Business Investment Fund

Location

Orlando, Florida, United States

About

Black Business Investment Fund (BBIF) is a non-profit, mission-driven, Community Development Financial Institution (CDFI) that helps businesses thrive by providing loan capital alongside with business development training. We also help to stabilize low-income, distressed neighborhoods by investing in economic development projects that stabilizing communities and create jobs.

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87% of new executives make significant technology decisions within first 100 days

Budget influence

C-level executives control 73% of technology spending decisions

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New executives typically review existing vendors within 6 months

Black Business Investment Fund Names Ray Gilley As CEO

Description

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Company Information