National Equity Fund Adds Chief Operation Officer Position

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Oct 17, 2017, 09:23 ET

CHICAGO, Oct. 17, 2017 /PRNewswire-USNewswire/ -- National Equity Fund, Inc. recently appointed Alex Denja, its current CFO, to the new position of COO.

"As we continue to strengthen our organization and develop new opportunities, it seemed like the right time to share the internal day-to-day responsibilities by creating a new position – Chief Operating Officer – leaving more time for the CEO to focus on our developer and investor partners and their interests," said Joe Hagan, president and CEO of NEF. "Alex understands the operation side so well and will do an outstanding job," he added.

Alex Denja, CFO & COO, National Equity Fund, Inc.

"Adding a COO to our structure optimizes the time our CEO can spend with our customers, while ensuring that our internal operations will be stronger than ever. I am excited to take on this new role and look forward to working with more of our talented staff here at NEF in this new position," commented Denja.

Denja, who joined NEF in 2001 and has been CFO since 2011, will continue to serve in that capacity. Prior to joining NEF, he was a financial manager for BP. He has a bachelor's degree in accounting from the University of Illinois-Champaign/Urbana and an MBA from Northwestern University's Kellogg School of Management. He is also a CPA.

About National Equity Fund, Inc.
National Equity Fund, Inc. is a leading syndicator of Low Income Housing Tax Credits. The Chicago-based non-profit is an affiliate of the Local Initiatives Support Corporation and has played an integral role in creating affordable housing options, revitalizing communities and strengthening local economies for more than 30 years. It has invested $13.3 billion in 2,494 LIHTC developments, creating approximately 158,907 affordable homes for low-income families and individuals. For more information, visit www.nefinc.org/

Contact: Maureen Mullady
312.697.6460
[email protected]

SOURCE National Equity Fund