Exploring the Intersection of Community Development and Health
Federal Reserve Board of Governors
Martin Building, July 13, 2010
Preston D. Pinkett III is vice president and head of Prudential's Social Investment Program, which has a willingness to take informed risks in socially responsible investments that help create healthy, sustainable communities. Prudential's Social Investment Program has a portfolio of $300 million and has invested more than $1 billion throughout the U.S. Prior to joining Prudential in 2007, Mr. Pinkett was the senior vice president for the New Jersey Economic Development Authority where he managed funding and development programs to spur economic development in New Jersey. He also has served as senior vice president with PNC Bank, where he founded and managed the PNC Development Bank and community development investment and lending activities; and senior vice president at Chemical Bank, New Jersey, responsible for community and economic development, government banking, government relations and regulatory compliance. Mr. Pinkett is an officer of the Geraldine R. Dodge Foundation, Montclair State University and University Ventures; and is a board member of Newark Museum, New Jersey School Development Authority, Council of NJ Grant Makers and CityWorks. Mr. Pinkett has a BS degree in economics from Cornell University and an MBA degree from the Wharton School at the University of Pennsylvania.