Saurabh Narain

Saurabh Narain is the Chief Fund Advisor to the National Community Investment Fund (NCIF), a nonprofit private equity fund, and Senior Managing Director at ShoreBank Corporation.  As Chief Fund Advisor, he leads all activities of NCIF including creating a strategy; investing in community development banks, thrifts, and credit unions; and building the community development finance industry.  Industry building is done through the CDBI Exchange Network, which brings in best practices in risk management, valuation, and corporate governance to the sector.  He has created NCIF Social Performance Metrics using publicly available data from Home Mortgage Disclosure Act (HMDA) and Federal Deposit Insurance Corporation (FDIC) for providing a lens to “social performance” for community development banks and thrifts.  He is actively involved in several industry initiatives, including alternatives to payday lending and check cashing, responsible lending, and first-chance accounts, through research projects and promoting best practices.  Prior to NCIF, Mr. Narain had extensive experience in capital markets and risk management, having worked at Bank of America for almost 17 years based in Asia and the U.S.  On a personal basis, he is actively involved with the microfinance and micro-entrepreneurship movement in India.  Mr. Narain serves on the boards of the CDFI Coalition and the New Markets Tax Credit Coalition and is a member of the Office of Thrift Supervision (OTS) Minority Depository Institutions Advisory Council.  He is a regular speaker at industry forums, including the Interagency Minority Depository Institutions National Conference.