Assistant Secretary for Community Development Henry McKoy
Henry McKoy was named Assistant Secretary of Commerce for the State of North Carolina in August 2010. He spent more than 10 years in management, corporate finance, banking and technology for Central Carolina Bank, National Commerce Financial and SunTrust where he was an award-winning banking executive growing and managing several multibillion dollar business units. He has served as a University advisor, a Community College instructor in the area of banking, as President of CASS Intelligence Networks and as Chairman and CEO of Fourth-Sector Financial, a financial-services firm that he founded in 2004 focused on community, energy and sustainability finance. He also has extensive community development experience having engaged with more than 150 nonprofits since 1993 and founding a nonprofit think tank focused on applied research and the connections between poverty, economics, social innovation and entrepreneurial development in 1999.
McKoy has served as a member of the state’s Economic Development Board; the state’s Energy Policy Council; the North Carolina Community College Foundation; the North Carolina Council on Economic Education; the U.S. Responsible Endowments Coalition; the U.S. Congressional Black Caucus Green Roundtable; as well as numerous other governmental, local, state and national non-profit and community boards and task forces.
McKoy oversees Commerce’s Community Development Division’s 5 programs (Appalachian Regional Commission; Community Investment and Assistance; Community Planning; Rural Development; Urban Development), which provide more than 500 less prosperous communities across the state with human resources and financial services to help them plan for growth, encourage economic development and address community needs.
Mr. McKoy graduated from UNC-Chapel Hill with a BS in Business Administration and has pursued graduate studies at Duke University in Environmental Management, Leadership and Policy. He is a 2003-2005 William C. Friday Fellow for Human Relations with the Wildacres Leadership Initiative, was invited as a visiting practitioner to the Santa Fe Institute in the mid-2000s, and was a 2010 News and Observer Tar Heel of the Week.