Vice Chairman of JPMorgan Chase, Secretary Alphonso Jackson Takes a Seat on the HOPE National Board of Directors
LOS ANGELES – January 31, 2013 – Financial dignity nonprofit Operation HOPE (HOPE) today announced the appointment of former United States Secretary of Housing and Urban Development Alphonso Jackson, Vice-Chairman of Consumer & Community Banking with JPMorgan Chase in New York City, to HOPE’s National Board of Directors. With this appointment, Jackson becomes the organization’s most recent Silver Rights Ambassador in its mission to make free enterprise and capitalism relevant to all underserved communities.
“Operation HOPE is honored to welcome Secretary Alphonso Jackson to its National Board of Directors,” said John Hope Bryant, founder, chairman and CEO of HOPE. “The expertise and dedication Mr. Jackson brings to the board further ensures the success of our national programs. We believe his support will be a defining factor towards making our movement become a reality."
Jackson will provide leadership, guidance and help generate ongoing support for HOPE programs and activities during his two-year service on the board. He also will be an active member, participating in national and international events to highlight the role and importance of financial literacy and dignity.
“I worked with John Hope Bryant when I was Secretary, and John enlightened me about the importance of financial literacy in the United States, generally and in underserved communities specifically,” Jackson stated. “I am pleased to be a part of the movement to help improve financial literacy and dignity in America.”
Prior to joining JPMorgan Chase, Secretary Alphonso Jackson served as the Director of the Center for Public Policy and Leadership and as the Distinguished University Professor at Hampton University.
Jackson joined the Bush Administration in June of 2001 as HUD's Deputy Secretary and Chief Operating Officer. As Deputy Secretary, Jackson managed the day-to-day operations of the $32 billion agency and instilled a new commitment to ethics and accountability within HUD's programs and among its workforce and grant partners.
From 2004-2008, Secretary Jackson guided the U.S. Department of Housing and Urban Development (HUD) in its mission of providing affordable housing and promoting economic development, an assignment to which he brought more than 25 years of direct experience in both the private and public sectors.
In nominating Jackson, President George W. Bush chose a leader with a strong background in housing and community development, expertise in finance and management, and a deep commitment to improving the lives of all Americans.
The U.S. Senate unanimously confirmed Jackson as the nation's 13th Secretary of HUD on March 31, 2004.