Luther M. Ragin, Jr. is the retired President and Chief Executive Officer of the Global Impact Investing Network (GIIN).
Prior to joining the GIIN, he served as the Chief Investment Officer of the New York-based FB Heron Foundation from 1999 to 2011. Ragin oversaw the Foundation’s $300 million endowment, steadily increasing the “impact investing” allocation to more than 40 percent of the total portfolio while maintaining competitive, risk-adjusted financial returns. Prior to joining the Foundation in 1999, he was the Chief Financial Officer of the National Community Capital Association (now known as the Opportunity Finance Network), a trade association of high-performing community development financial institutions that provide access to capital in low-income, urban and rural communities.
Other significant professional experience includes eight years as Chief Financial Officer of Earl G. Graves, Ltd. and seven years with Chase Manhattan Bank, including three years as Vice President of Syndications/Assets Sales for the North American Corporate Finance Sector.
Ragin is currently a member of the Board of Rockefeller Philanthropy Advisors and the Altman Foundation. In addition, he serves on the Advisory Boards of Morgan Stanley’s Institute for Sustainable Investing and the Economic Advancement Program of Open Society Foundations. In recent years, he has lectured at the Harvard Kennedy School.
He received his B.A. and Master of Public Policy degrees from Harvard, and is a graduate of Columbia University’s Executive Program in Business Administration.