Accion Board of Directors Welcomes Bob Annibale and Phillip Riese

CAMBRIDGE, Mass., June 27, 2017 /PRNewswire/ -- Global nonprofit and financial inclusion pioneer Accion today announced the appointment of Bob Annibale and Phillip Riese to the organization's Board of Directors.

"I am so pleased to welcome Bob Annibale and Phillip Riese to the Accion Board of Directors," said Accion Board Chair Diana Taylor. "Bob's global role in supporting inclusive finance at Citi, Phillip's investment experience in the fintech space, and their shared expertise in the financial services industry are valuable contributions to the Accion team. I'm confident that they will enable us to continue advancing Accion's mission of creating a financially inclusive world."

Bob Annibale is global director of Citi Community Development and Inclusive Finance where he leads Citi's partnerships with global, national, and local organizations to support inclusive finance and community development. He also leads Citi's commercial relationships with microfinance financial institutions, corporations, investors, and municipalities to expand access to financial services. Since joining Citi in 1982, Annibale has held a number of senior regional and global treasury, risk, and corporate positions in Athens, Bahrain, Nairobi, London, and New York City. He represents Citi on the boards of the Center for Financial Services Innovation, the U.S. FDIC Advisory Committee on Economic Inclusion, the Bedford Stuyvesant Restoration Corporation, and the Citi Foundation. Annibale holds a B.A. in history and political science from Vassar College, and an M.A. in African studies (history) from the University of London, School of Oriental and African Studies.

Phillip Riese formed RIESE & OTHERS after more than 20 years in financial services, 18 of which were in leadership roles at American Express. He retired from American Express in 1998 as president of the Consumer Card Group and chairman of American Express Centurion Bank. Prior to his work in banking and credit cards, he consulted to and held a number of executive positions in the clothing and textile industry. At RIESE & OTHERS, he manages a broad portfolio of investments, primarily focused on fintech and data analytics, and often serves on the board of directors or as a mentor and advisor to the CEOs and management teams of those companies. He holds a joint degree in textile engineering and economics from Leeds University in England, an MBA from the University of Cape Town in South Africa, and a master's degree in management from MIT.

About Accion

Accion is a global nonprofit committed to creating a financially inclusive world, with a pioneering legacy in microfinance and fintech impact investing. We catalyze financial service providers to deliver high-quality, affordable solutions at scale for the three billion people who are left out of – or poorly served by – the financial sector. For more than 50 years, Accion has helped tens of millions of people through its work with more than 90 partners in 40 countries. More at http://www.accion.org.

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