Faith and Finance as a Force for Good—Breakfast Presentation
April 27 @ 7:45 AM - 9:00 AM CDT
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To most, faith and finance are rarely mentioned in the same sentence. In Edelman and Associate’s 2022 Trust Barometer, a global survey administered for 22 consecutive years, the authors observe that in the aftermath of the pandemic, we have entered a “cycle of distrust,” with many lacking confidence in our society’s leaders. Greed, fraud, and excesses have made the financial services sector one of the least trusted within the broader economy.
This breakfast forum with the Honorable Rodney E. Hood, former chair and current board member of the National Credit Union Administration, will address the question, “How do we break that cycle and build public trust in financial services?”
Banking, at its best, should be a creative force for good that solves complex problems, catalyzes economic growth, and fosters shared prosperity. For centuries, advances in technology, medicine, education, engineering, and a host of other fields have been driven by capital markets steering investments where they are most needed. Advocating for a healthy, vibrant, competitive, and ethical financial sector is critical for the functioning of our society.
Join us as we explore how the Christian faith can bring renewal and shape a financial services sector that contributes meaningfully to human flourishing. Together we will consider the potential ways the industry might regain public trust in the course of doing ethical work; deepen our understanding of ways regulators can effectively hold institutions accountable; learn about increasing access to affordable banking products for marginalized and underserved communities; and envision ways seasoned professionals and today’s students can bring a purpose-driven passion to financial services careers.
Our time will include a 30-minute presentation by Rodney Hood, followed by 30 minutes of Q&A. We look forward to a lively conversation!
Speaker
Rodney E. Hood
The Honorable Rodney E. Hood was sworn in as the eleventh Chairman of the National Credit Union Administration in 2019. In 2021, he became an NCUA Board Member, reprising a role he also served in 2005-2009, during which he was also appointed Vice Chairman. Currently, Mr. Hood serves as the NCUA’s representative on the Board of Directors of NeighborWorks America, one of the nation’s leading affordable housing and community development organizations.
Mr. Hood has also served as a corporate responsibility manager for JPMorgan Chase, managing national partnerships with non-profit organizations, financial regulators, and community stakeholders to promote financial inclusion and shared prosperity in underserved communities throughout the United States.
His previous experience includes serving as associate administrator of the Rural Housing Service at the U.S. Department of Agriculture, where he helped address housing needs in rural communities and administered the agency’s $43 billion mortgage portfolio.
Prior to his public service, Mr. Hood served as marketing director and group sales manager for the North Carolina Mutual Life Insurance Company in Durham, North Carolina; as national director of the Emerging Markets Group for Wells Fargo Home Mortgage; and as a board member of the Wells Fargo Housing Foundation. Earlier in his career, he worked for Bank of America as a Community Reinvestment Act officer and completed the management development program at G.E. Capital.
In other spheres, Mr. Hood has served as a member of the University of North Carolina at Chapel Hill Board of Visitors; as a member of the UNC School of Arts Board of Trustees; as a member of the Board of Trustees for the North Carolina Museum of Art ; and as a member of the Board of Governors for the University of North Carolina College System.
His professional awards include being named one of the “40 Young Leaders Under the Age of 40” by the Triangle Business Journal in Raleigh, North Carolina. He is the first recipient of the “Dream Award,” given by the Wells Fargo Housing Foundation to honor individuals who have exhibited an outstanding commitment to affordable housing.
A native of Charlotte, North Carolina, Mr. Hood holds a bachelor’s degree in business, communications, and political science from the University of North Carolina at Chapel Hill.