BY JAQUELINE BARR, Chair, Board of Directors Black Business Investment Fund
ORLANDO – Dear Partners, Friends, and Stakeholders,
On behalf of the Black Business Investment Fund (BBIF) Board of Directors, I am writing to announce the appointment of Oraine Reid and Duane Lewis as interim co-Chief Executive Officers (co-CEOs), effective immediately, in accordance with our board’s succession plan. This decision follows the recent passing of our esteemed president and CEO, Inez Long, whose legacy of over 30 years of community advocacy and impact will continue to inspire our work. The Board of Directors has made this strategic decision to ensure continued leadership and organizational stability during this transitional period.
BBIF has a long history of empowering communities through innovative financial solutions, strategic partnerships, and a commitment to economic development. As we continue our mission to foster inclusive growth and support diverse entrepreneurs, the appointment of interim co-CEOs represents a significant step in maintaining momentum and driving forward our strategic objectives.
With the appointment of Oraine Reid and Duane Lewis as our interim Co-CEOs, we are proud to highlight the depth and talent within our organization. Both have been instrumental in our growth and strategic planning, working closely alongside our late CEO. Together, they bring over 30 years of combined industry experience and embody the vision and legacy of our beloved Inez Long.
Furthermore, the appointment from within is a testament to the strength and continuity of our leadership team. Their combined expertise in financial management, strategic planning, and community engagement will be instrumental in guiding BBIF through this transitional period, and we are confident that their leadership will continue to enhance our impact and support the economic vitality of the communities we serve. Despite our deep sadness over the loss of Inez, the organization is in great hands and ready to continue her legacy of community impact.
Under the interim co-CEOs’ leadership, BBIF will continue to focus on its core initiatives, including:
- Capital Access: Increasing the availability of loans and investments to underserved communities, fostering economic resilience.
- Financial Literacy and Education: Expanding access to financial literacy resources and educational programs for minority entrepreneurs.
- Technical Assistance: Providing tailored support and mentorship to help businesses navigate challenges and achieve sustainable growth.
BBIF remains committed to its mission of driving economic development and supporting diverse entrepreneurs across Florida and beyond. We will continue to work closely with partners, stakeholders, and the community to build a more inclusive and equitable economic landscape.