Cathy is an experienced financial services professional with more than 35 years in banking and finance, the most recent being in community and economic development finance.
From 2010 through 2015, she was chief operating officer at Opportunity Finance Network (OFN), the leading national network of Community Development Financial Institutions (CDFIs), where she was responsible for business development, executive management and public representation of OFN. She was instrumental in the development of the U.S. Treasury’s CDFI Bond Guarantee Program and helped issue the first bonds in 2014 and 2015.
Cathy joined OFN from Wells Fargo, where she was director of community lending and investment, leading affordable housing finance for the Eastern U.S. and New Markets Tax Credit financing throughout the country. Prior to her time at Wells Fargo, Cathy led the community development finance practice at Wachovia from 2000 to 2008.
Before her focus on community and economic development finance, Cathy led Wachovia’s financial services investment banking practice, specializing in the insurance and asset management industries. Early in her banking career, she was a managing director at Chase Manhattan Bank, spending time in Santiago, Chile and New York in trade finance, corporate lending, and financial restructurings.
She holds an M.A. from the Johns Hopkins University School of Advanced International Studies in Washington, D.C., and a B.A. from Drake University in Des Moines, Iowa. She currently lives in the Philadelphia area with her husband, Rob Bierregaard, a noted ornithologist.