A former official with the NAACP Legal Defense and Educational Fund and the NAACP’s Washington bureau has been selected as president and CEO for the National Bankers Association, which serves as the regulatory voice for minority banking.

Nicole Elam, who was appointed earlier this month, now joins the National Bankers Association from JPMorgan Chase & Co., where she served as vice president and government relations manager, the association said.

Prior to her new appointment, Elam who started her career in civil rights as communications director at the Black Leadership Forum, also led government and external affairs strategy as vice president for ITT Educational Services.

“I am honored to lead the National Bankers Association toward its 100th Anniversary and to strengthen its member banks and the communities they serve,” Elam said in an issued statement. “Minority banks have an unprecedented opportunity to grow and level the economic playing field for minorities and women. In this transformational era, we want to expand access to capital to drive inclusive economic recovery and help NBA member banks better leverage technology to achieve an economic multiplier effect.”

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WI Guest Author

This correspondent is a guest contributor to The Washington Informer.

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