Wells Fargo announced today the appointment of Otis Rolley as its new Head of Social Impact.

Rolley takes on the new role after serving as Senior Vice President for global philanthropic organizations Rockefeller Foundation, where he led grant-making, racial equity, and community-based initiatives as head of the organization’s U.S. Equity and Economic Opportunity Initiative. Rolley has also led the North American portfolio of cities for the Resilient Cities Network, a Rockefeller initiative aimed at advancing systemic change through strategic human and financial investment in municipal government and community leadership.

In his new role, effective August 1, Rolley will lead community engagement and enterprise philanthropy for Wells Fargo, including the Wells Fargo Foundation.

Bill Daley, vice chairman of Public Affairs at Wells Fargo, said:

“Otis brings decades of expertise in creating social impact and advancing racial equity, as well as operational knowledge in running a large-scale philanthropic foundation. With our strategic focus on housing affordability, small business growth, financial health, and a sustainable future, we are excited to have Otis lead a dedicated team on these critical societal issues.”

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