Southern Bancorp Community Partners on Monday announced that it had hired Anthony Young, a former director of capital programs at the nonprofit Epicenter Foundation, as its new president.
Young replaces Karama Neal, who earlier this year was appointed to the U.S. Department of Agriculture's Rural Business-Cooperative Service.
At the Memphis-based Epicenter, Young connected entrepreneurs to a variety of capital types and helped ensure equitable access to capital across the community, SBCP said in a news release. He previously served as the economic development director at River City Capital in Memphis, a Community Development Financial Institutions loan fund.
Donna Gambrell, SBCP board chair, called Young a "dynamic leader."
"His experience and energetic approach to increasing access to capital will be an outstanding foundation for leading our organization into a greater era of growth and impact," she said in the release.
In his role at SBCP, Young will oversee the organization's mission to provide lending, financial development services, and public policy advocacy in economically distressed communities.
Darrin Williams, CEO of Southern Bancorp Inc., said Young brings "breadth and depth of experience" to the job.
“The entire Southern Bancorp organization is experiencing significant growth, and having a proven, energetic leader like Anthony taking the SBCP reigns will help us focus our efforts to ensure maximum impact in financially underserved communities," Williams said in the release.
Young was named to the Memphis Business Journal's 40 Under 40 class of 2020. He's a graduate of the University of Mississippi.
“Southern Bancorp Community Partners has a rich history of being an economic catalyst in underserved communities, and I look forward to furthering that work and fostering transformative impact across our footprint and beyond,” Young said.
