Meet Jack Green, CCDC’s Newest Board Member. Jack Green serves as Executive Vice President and Chief Lending Officer at Adelphi Bank, a Columbus-based minority depository institution (MDI). With over 30 years of banking experience in the Columbus market, including tenures at Fifth Third Bank and WesBanco Bank, Green brings extensive expertise to his role. A lifelong Columbus resident and Northland High School graduate, he holds a BA in Communication Management from the University of Dayton. Green is deeply involved in the Columbus community. His current board memberships include The Special Olympics of Ohio and the Columbus City Schools Appropriations Committee. He also serves on the Minority Development Financing Advisory Board, appointed by former Governor John Kasich. Past board positions include The Multiethnic Advocates for Cultural Competence, Ohio Tuition Trust Board, Opera of Columbus, and Nothing into Something Inc. Green and his wife, Stephanie, reside in the Columbus area and have two adult children. #boardmembers #leadership (fb)

WASHINGTON, D.C. – The U.S. Small Business Administration (SBA) has announced a reorganization plan to streamline operations and refocus on its core mission of supporting small businesses. This restructuring will result in a 43% workforce reduction, aiming to return the agency to pre-pandemic staffing levels and eliminate what it considers non-essential roles. The reorganization seeks to improve efficiency and accountability, emphasizing core services such as loan guarantees, disaster assistance, and support for veterans. Key changes include: - Refocusing on Core Functions: Shifting resources towards capital formation, innovation, and veteran support while reducing emphasis on specific programs initiated during the previous administration. - Strengthening Financial Oversight: Centralizing risk management and fraud prevention within the Office of the Chief Financial Officer. - Enhancing Disaster Response: Consolidating disaster loan servicing and increasing field personnel training for disaster recovery. - Eliminating Pandemic-Era Positions: Removing roles created explicitly for processing pandemic-related loans. - Decentralizing Field Operations: Ensuring 30% of the agency's workforce is located in field offices. - Maintaining Support for Key Areas: Preserving staffing levels in the Office of Veterans Business Development and the Office of Manufacturing and Trade. - Exempting Accountability Offices: Retaining current staffing levels in the Office of Advocacy and the Office of the Inspector General. The SBA attributes the reorganization to the agency's significant expansion during the pandemic, including implementing new programs. The agency states that this expansion led to increased spending and operational inefficiencies. The workforce reduction, involving approximately 2,700 positions, will be achieved through voluntary resignations, the expiration of term appointments, and limited reductions in force. The agency estimates annual savings of over $435 million by FY26. The SBA plans to implement the reorganization in the coming weeks, focusing on maintaining essential public services. You can read the full full update here: (fb)